TAN Sri Danny Tan Chee Sing, a major shareholder of property developer Dijaya Corp Bhd, has been buying more shares of Sunrise Bhd.
Tan bought another eight million shares on March 26, bringing his total stake to 6.91 per cent of rival Sunrise.
Tan's interest in Sunrise is via Phoenixflex Sdn Bhd.
Tan emerged a substantial shareholder in Sunrise in October 2004 and has since been accumulating shares. Yesterday, Sunrise's shares fell three sen to close at RM2.07.
By New Straits Times
Friday, April 4, 2008
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