CUCKOO International (MAL) Berhad’s (KLSE:CKI) stock price dropped 17% last week; public companies would not be happy
Key Insights
To get a sense of who is truly in control of CUCKOO International (MAL) Berhad (KLSE:CKI), it is important to understand the ownership structure of the business. We can see that public companies own the lion’s share in the company with 52% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
As a result, public companies as a group endured the highest losses last week after market cap fell by RM172m.
In the chart below, we zoom in on the different ownership groups of CUCKOO International (MAL) Berhad.
