Hong Kong investor Scobie Ward builds 5.6% stake in ikeGPS

Thu, 05 Jan 2017

By Paul McBeth Jan. 5 (BusinessDesk) - Hong Kong investor Scobie Ward, who co-founded hedge fund Ward Ferry Management, has emerged as a substantial shareholder in NZX-listed laser measurement device maker ikeGPS. Ward bought 3.6 million shares, or 5.6 percent of the Wellington-based company, on market and emerged as a major shareholder on Dec. 22, a notice to the NZX today showed, without disclosing the price paid. The same day, Harbour Asset Management dumped its 7.4 percent stake, or 4.7 million shares, in on market trading at an aver...

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