Thu, 09 Dec 2021 Today's Paper

New foreign investors among JKH top 20 shareholders

29 January 2016 06:16 am - 0     - {{hitsCtrl.values.hits}}

A A A

New foreign investors have entered into the top 20 shareholder list of premier blue chip John Keells Holdings PLC (JKH), Mirror Business learns. As at December 31, 2015, HWIC Asia Fund, a unit of Fairfax Asia,held almost 23 million JKH shares, representing 2 percent of the group’s issued shares as the ninth single largest shareholder. HWIC wasn’t featured among the top 20 shareholders of JKH as at September 30, 2015. HWIC has a 15 percent stake in JKH’s banking unit, Nations Trust Bank PLC.

The other new entrant to the top 20 was Northern Trust Co S/A Caravel Fund with 11.5 million shares, representing one percent as the 17th largest shareholder. Aberdeen Global-Asian Smaller Companies Fund, the seventh largest shareholder of JKH, has trimmed its exposure to 30.5 million shares as at December 31, 2015, from 36 million shares as at December 31, 2015.

Meanwhile, Broga Hill Investments Limited, a special purpose investment vehicle of Malaysia’s sovereign wealth fund Khazanah Nasional Berhad, has overtaken high-net-worth investor Sohli Captain as the single largest shareholder of JKH. As at December 31, 2015, Broga Hill held 124.1 million JKH shares, representing 10.9 percent as opposed to 118.9 million shares, representing 10.4 percent as at September 30. Sohli Captain’s holding in JKH remained unchanged at 119.9 million shares, representing 10.5 percent of the issued shares. Despite Broga Hill overtaking Sohli Captain, the Captain family remains as the largest shareholders of JKH with their Paint & General Industries Ltd’s 8.1 percent and Rusi Captain’s 1.3 percent in JKH

  Comments - 0


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





A Sri Lankan giving dignified burials to unclaimed bodies for five decades

After their death, most people are memorialized at a service, surrounded by g

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter