Insiders with their considerable ownership were the key benefactors as Coastal Contracts Bhd (KLSE:COASTAL) touches RM769m market cap

Simplywall
2025.12.22 22:20
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Insiders hold a significant 40% stake in Coastal Contracts Bhd, making them the primary beneficiaries of a recent 21% stock gain. The top four shareholders control 57% of the company, with institutional investors holding 18%. The largest shareholder is Ivory Asia Sdn. Bhd with 28%. The general public owns 13%, while private companies hold 29%. This ownership structure suggests insiders have substantial influence over company decisions.