Lembaga Tabung Haji increases stake in Gas Malaysia

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KUALA LUMPUR (Jan 2): Lembaga Tabung Haji (LTH) has mopped up an additional 1.45% stake in Gas Malaysia Bhd since it emerged as a substantial shareholder in October last year.

According to Gas Malaysia’s latest filing with Bursa Malaysia this evening, LTH has bought as much as 2.26 million shares or a 0.18% stake in the natural gas supplier between the period of Christmas and the New Year.

LTH now owns 6.41% stake or about 82.26 million shares in Gas Malaysia.

In December alone, the pilgrimage fund bought about 8.18 million shares or a 0.64% stake; while in November and October, it acquired 0.39% stake (or 4.95 million shares) and 0.42% stake (or 5.43 million shares) respectively.

Gas Malaysia shares closed 7 sen or 2.17% lower to RM3.15 today, giving it a market capitalisation of RM4.13 billion.