KUALA LUMPUR (March 24): RHB Trustees Bhd has emerged as a substantial shareholder of Omesti Bhd (KL:OMESTI) after acquiring an 8.7% stake in the ICT firm. The trustee acquired the stake comprising 201.92 million shares on March 18. According to the filing, the shares are held on behalf of the Kenanga Islamic Absolute Return Fund, managed by Kenanga Investors Bhd. Another substantial shareholder is executive director Monteiro Gerard Clair, who holds a 5.384% direct stake and a 2.865% indirect stake. Shares in Omesti rose 0.5 sen, or 6.7%, to eight sen on Tuesday, giving the company a market capitalisation of RM175.47 million.

Source: The Edge Markets March 24, 2026 15:39 UTC