Industrial Equity (Pacific) Ltd, aHong Kong investment firm, said it raised its stake in Wrather
Corp to 2,025,850 shares, or 28.1 pct of the total outstanding
common stock, from 1,808,700 shares, or 25.1 pct.
    In a filing with the Securities and Exchange Commission,
Industrial Equity, which is principally owned by Brierley
Investments Ltd, a publicly held New Zealand firm, said it
bought 217,150 Wrather common shares on May 28 and 29 at 20.00
dlrs a share, or 4.3 mln dlrs total.
 Reuter
