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REDtone Digital Buys MYR14 Million Equity in Theta Edge
Telecommunications services provider REDtone Digital (KLSE:REDTONE) acquired 7.12% equity interest in Theta Edge (KLSE:THETA) for 13.9 million ringgit, according to a Friday Malaysian bourse filing.
MY Morning Wrap | Nestcon Aims to Raise RM27.27 Million via Private Placement
Stocks to watch: Nestcon, Johor Plantations, Toyo Ventures.
Toyo Ventures, Theta Edge, KNM, REDtone, Johor Plantations, Kimlun, JAKS Resources, Uzma, Radiant Globaltech, Tafi Industries, Minetech, Nestcon, EVD
Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.
REDtone Now Fourth-largest Shareholder in Theta Edge After Raising Stake to 7.12%
REDtone Digital Bhd (KL:REDTONE) has acquired a total of 8.4 million shares, representing a 7.12% stake in Theta Edge Bhd (KL:THETA), from the open market for about RM13.93 million cash. This makes REDtone the fourth-largest shareholder in Theta Edge, after Lembaga Tabung Haji which holds a 27.28% stake, Threadstone Capital Sdn Bhd (13.56% stake) and Inter Pacific (9.4%).
REDtone Digital Berhad's (KLSE:REDTONE) Five-year Earnings Growth Trails the Enviable Shareholder Returns
Redtone Digital Malaysia 3rd-Quarter 2024 Earnings Summary Table
Redtone Digital (0032.KU) - Malaysia (3rd) quarter ended Mar 31: Figures Are In Ringgit (MYR). 2024 2023 Revenue
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