IEP stake lift
Industrial Equity (Pacific), Ltd, a Hong Kong investment firm, said it has raised its stake in Calmat Co to 1,509,970 shares, or 10 per cent of the total outstanding common stock, from 792,190 shares, or 5.2 per cent. In a filing with the Securities and Exchange Commission, Industrial Equity, which is principally owned by Brierley Investments, Ltd, a publicly held New Zealand firm, said it bought 717,780 shares on February 2 and 9 for $34.5 million.
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Bibliographic details
Press, 19 February 1987, Page 25
Word Count
79IEP stake lift Press, 19 February 1987, Page 25
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