Sale of Warrants by Major Shareholders Sparked Rally in Share Price

Written by Jess Lu

The share price of Federal Furniture Holdings Berhad (FFHB) has been rising steadily, reaching a multi-year high of 40 sen on 14 May 2014 after the sale of a few blocks of the company warrant (FFHB-WB) by its Chairman cum major shareholder Dato’ Dr. Choy Fook On and his wife Datin Tan Geok Foong earlier this year. 

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