This brings Amova's stake from 4.501% to 5.081%, or 21,734,000 shares.
Amova Asset Management has emerged as a substantial shareholder of Frencken Group after additional open market buying last week.
On March 30, Amova paid $5,248,084.14 for 2,478,200 Frencken shares, which works out to an average of just below $2.12 per share.
