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Fitters Boss Up Warrants Stake Again

 The Managing Director and major shareholder of Fitters Diversified Berhad (Fitters) , Dato’ Wong Swee Yee continued to mop up its company warrants (Fitters-WA).  He now controls close to half of all warrants outstanding.  This is in addition to his 32.9% stake in the ordinary shares of the company.  Any additional purchase of shares by Wong will trigger a mandatory offer.  This explains why Wong is consolidating his grip in the company via warrants.



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