KUALA LUMPUR (April 27): Malayan United Industries Bhd saw 304.3 million shares or a 10.4% stake traded off market today, for a total value of RM70 million.
According to Bloomberg data, the shares were moved in nine blocks via business transaction at 23 sen per share.
The buyers and sellers of the shares were not immediately known.
The counter closed the day one sen or 5.56% higher at 19 sen. The open market volume of 2.62 million was relatively small in comparison to the amount traded off-market shares, giving it a market capitalisation of RM557.2 million.