KUALA LUMPUR (June 14): Shares of APB Resources Bhd hit limit-up on Wednesday after Press Metal Aluminium Holdings Bhd's co-founder and executive director Datuk Koon Poh Tat emerged as its new substantial shareholder. A filing with the stock exchange showed that Koon bought a 5.72% stake or 6.35 million shares on the open market on Tuesday. The transaction price was not disclosed. However, based on APB Resources' closing price of RM2.25 on Tuesday, the block of shares would have cost Koon RM14.

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