OFF-MARKET DEAL: PNE PCB sees 6% stake crossed off-market

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KUALA LUMPUR (Apr 21): Printed circuit board maker PNE PCB Bhd saw eight million of its shares, representing a 6.08% stake, crossed off-market today.

According to Bloomberg data, the shares changed hands via two transactions, both at the price of 50 sen per share, giving a total value of RM4 million.

Parties involved in the transaction were not immediately known.

In the open market, PNE PCB shares did not see any transactions today. They were last traded at 52.5 sen, which gives the company a market capitalisation of RM69.04 million.