<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 6): Sona Petroleum Bhd, a special purpose acquisition company in the oil and gas industry, saw 26.35 million shares, representing a 1.87% stake in the company, traded off-market today for RM11.72 million.</p></div>

<div class=newsTextDataWrapInner><p>According to <em>Bloomberg</em> data, the shares were moved in a direct business transaction block at 44.5 sen per share.</p></div>

<div class=newsTextDataWrapInner><p>However, it is not immediately known as to whom the parties involved in the transactions were.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>According to the company's filing, Platinum Autumn Sdn Bhd is the largest shareholder in the company with&nbsp;282.14 million shares, or a direct stake of 30%, as at May 5, 2015.</p></div>

<div class=newsTextDataWrapInner><p>This is followed by Credit Suisse Securities (Europe) Ltd with a shareholding of 154.88 million or a 10.98% stake as at Dec 31, 2015.</p></div>

<div class=newsTextDataWrapInner><p>Sona Petroleum shares closed at 44.5 sen today, valuing it at RM634.82 million.</p></div>

<div class=newsTextDataWrapInner><p><span style="font-size:12px"><em>(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)</em></span></p></div>

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KUALA LUMPUR (Jan 6): Sona Petroleum Bhd, a special purpose acquisition company in the oil and gas industry, saw 26.35 million shares, representing a 1.87% stake in the company, traded off-market today for RM11.72 million.

According to Bloomberg data, the shares were moved in a...

Sona Petroleum sees 1.87% stake crossed off-market

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