KUALA LUMPUR (Nov 14): PCCS Group Bhd saw 24 million shares, or an 11.43% stake, in the company crossed off-market today.

The shares were transacted at 40 sen apiece or a total of RM9.6 million, according to Bloomberg data.

This price represents a discount of 1.23% over today’s closing market price of 40.5 sen, which values the company at RM85.07 million.

The parties involved in the transactions have not been identified.

The largest shareholder of PCCS is Chan Choo Sing, with an indirect interest of 111.52 million shares or 53.1% as at Oct 8.

Shares in PCCS closed unchanged at 40.5 sen today with some 1.2 million shares traded. Over the past year, the counter has risen by 102.5%.