ZURICH – Credit Suisse Group has taken a 5.69% stake in money-losing printed circuit board maker PNE PCB.
According to a filing with Bursa Malaysia, the firm purchased 3.74 million shares from the open market on July 31.
In the second quarter ended Mar. 31, PNE’s net loss was RM 2.04 million, compared a loss of RM 1.42 million the prior year period.
For the first six months of the year, it recorded a loss of RM 2.02 million, compared with RM 2 million in the previous corresponding period.
Ed.: RM 1 = US$0.3124