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KLW shares up 14.3% after announcement of CEO stake sale

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Published Fri, Jun 17, 2016 · 09:50 PM
CEO sale

Singapore

DOOR maker KLW Holdings gained 0.1 cent, or 14.3 per cent, to S$0.008, after announcing that CEO and controlling shareholder Quek Chek Lan will sell his entire stake in KLW to Sunny Wealth Ltd.

Mr Quek's holdings of 1,044,185,000 ordinary shares represents about 19.41 per cent of the entire issued and paid-up capital of Catalist-listed KLW.

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