No wonder it's go down and down.
Hopefully will rebound.
Written by Joseph Chin
Wednesday, 20 January 2010 19:38
KUALA LUMPUR: Emirates Investment and Development Co has exited ETI Tech Corp Bhd when it sold all its 43.62 million shares and ceased to be a substantial shareholder as at Jan 7.
A filing with Bursa Malaysia showed the Dubai-based fund disposed of the shares, representing a 6.41% stake, in the open market. The share price closed at 41 sen on Jan 7. It had earlier disposed of six million shares from Dec 23 to Jan 5.
Emirates Investment first emerged as a substantial shareholder in ETI Tech on July 30, 2007 with a 10.87% stake.