CanWel's largest shareholder Futura Corp. buys 500,000 shares, increasing ownership in Canadian building materials distributor to 24.5%

LOS ANGELES , September 2, 2011 () – The Futura Corp. purchased 500,000 shares of CanWel Building Materials Group Ltd. on Thursday, the company said in a Sept. 1 press release.

Investment firm Futura, which is controlled by CanWel’s Chairman and CEO Amar S. Doman, now has a 24.5% ownership in the company.

The primary source of this article is a press release from CanWel distributed by MarketWire, Toronto, Ontario, on Sept. 1, 2011.

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