Institutional owners may consider drastic measures as Pentamaster Corporation Berhad’s (KLSE:PENTA) recent RM334m drop adds to long-term losses
To get a sense of who is truly in control of Pentamaster Corporation Berhad (KLSE:PENTA), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 42% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).
And institutional investors saw their holdings value drop by 16% last week. Needless to say, the recent loss which further adds to the one-year loss to shareholders of 43%…