Billionaire investor Baloobhai’s Carbacid stake hits Sh1bn

http://www.businessdaily...2722-aojbctz/index.html

Mr Patel bought 11.4 million shares in the year to July 2016, raising his interest in the NSE-listed firm from 26 per cent to 30 per cent, according to Carbacid’s latest annual report.

Definitely a huge "plus" for investors in Carbacid when the largest shareholder buys more shares. Furthermore, I think the increase is almost close to the 5% limit he can acquire in a year without making a "takeover" announcement.