Mawer Investment Mgmt buys 5.39% stake in My EG

Publish date: Thu, 01 Dec 2011, 12:34 PM
KUALA LUMPUR (Dec 1): Mawer Investment Management Ltd has emerged as a substantial shareholder in MY E.G. SERVICES BHD [] with 32.34 million shares or 5.39% stake.

A filing with Bursa Malaysia showed the Canadian registered company acquired the shares up to Nov 18.

According to its website, Mawer is a privately owned, independent investment counsellor. It manages more than C$9.2 billion in assets for a broad range of individual and institutional investors across all major asset classes.

Labels: MYEG

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EdmundSSKoh

Sound good. What is the value to MyEG? Another institutional investor looking for capital gain? How long would they stay?

2011-12-02 12:48

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