KUALA LUMPUR (Oct 20): Ta Win Holdings Bhd, whose share price closed at its all-time high of RM1.37 today, saw 2 million shares, representing 3.1% stake in the company, traded off-market.

Bloomberg data showed shares were traded in four blocks at RM1.27 per share — near 7.3% discount to its price on the open market — for a total consideration of RM2.54 million.

Similarly, some 4.67% stake or 3 million shares in the company were traded off-market yesterday at RM1.30 per share. It is unclear as to who the parties involved in both exchanges were, at the time of writing.

In a separate notice to Bursa Malaysia today, Ta Win filed its founder Chen Hsi-Tao has sold off 2.2 million shares or 3.42% stake on Oct 19, reducing his effective stake in the company to 20.21%.

That same day, Pioneer Conglomerate Sdn Bhd bought 4 million Ta Win shares in the open market, effectively increasing its shareholding in the company to 11.67%, from 6.22% previously.

The share price of Ta Win, whose principal business is the manufacturing of copper rods and wires, has gained 291.43% since January this year. At 5pm, the counter rose 4.58% or 6 sen to RM1.37, giving it a market capitalisation of RM84.86 million.