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Kingdom Holdings cuts stake to 3.6% in TOP Ships
By E. Janene Geiss
Philadelphia, Feb. 4 - Kingdom Holdings Inc. decreased its investment to 3.6% in TOP Ships Inc. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 1,065,393 shares.
Those holdings are down from the passive stake of 5.5%, or 3,196,181 shares, that the investor reported owning as of Dec. 31, 2007, according to another SC 13G/A filing.
TOP Ships, formerly known as TOP Tankers Inc., is an Athens-based shipping company.
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