Intraco

Intraco: Oei Hong Leong takes a stake of 21.1%, through a married deal at $0.50 for $14.0m shares and through market purchase of 6.8m shares at $0.50 per share. Transactions were done on 4th June. Last done price was at $0.58 This is after Hanwell divested its 29.9% holding to TH Invts at $0.62. Other stocks which Oei Hong Leong is known to own include IPC Corp, Metech Intl (formerly Centillion), HL Asia. Co now trades at 0.8x P/B and most recently reported a quarterly loss of $7.2m but has net cash of $32.7m out of current mkt cap $57.2