<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on January 10, 2020</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: SMTrack Bhd, which provides track and trace solutions using radio frequency identification, saw 8% of its shares traded off-market yesterday.</p></div>

<div class=newsTextDataWrapInner><p>According to Bloomberg, 13.38 million of the group’s shares were traded in two tranches for 5.2 sen apiece. The transacted price represented a 48% discount over the stock’s closing price of 10 sen yesterday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The identities of those who participated in the trade are currently unknown.</p></div>

<div class=newsTextDataWrapInner><p>According to SMTrack’s annual report 2019, its executive director Datuk Tan Choon Hwa was the company’s largest shareholder a 17.66% as at Oct 31, 2019.</p></div>

<div class=newsTextDataWrapInner><p>SMTrack shares closed unchanged at 10 sen yesterday, giving it a market capitalisation of RM17.67 million. The counter saw 369,800 shares done.</p></div>


KUALA LUMPUR: SMTrack Bhd, which provides track and trace solutions using radio frequency identification, saw 8% of its shares traded off-market yesterday.

According to Bloomberg, 13.38 million of the group’s shares were traded in two tranches for 5.2 sen apiece. The transacted price re...

SMTrack sees 8% stake crossed off-market

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