Linkful head boosts stake

WIT Viriyaprapaikit, chairman of Linkful International Holdings, the locally listed steel trader, has lifted his stake in the company from 30 per cent to 35.56 per cent, it was disclosed yesterday.

A stock exchange notice said that Mr Viriyaprapaikit's company Sky Win Investments had reported an increase in stake of 36.6 million shares, representing 5.56 per cent of the firm.

Linkful, which used to specialise in bartering with the Soviet Union, exchanging electronics products for steel, has seen its share price collapse in the past 12 months.