The Sun, 5 Jul 2011 - New substantial shareholder in Dijaya

The Sun, 5 Jul 2011

PETALING JAYA: Private equity firm TAEL One Partners Ltd has emerged as a substantial shareholder in Dijaya Corp Bhd, after acquiring a 4.99% direct stake or 22.75 million shares in the property developer.

A filing with Bursa Malaysia yesterday showed that TAEL One acquired the shares at RM1.65 apiece. Dijaya closed up 11 sen at RM1.68 yesterday.

TAEL One Partners is acting in its capacity as general partner of The Asian Entrepreneur Legacy One LP.