KUALA LUMPUR (Jan 15): Tomei Consolidated Bhd (fundamental score: 0.15; valuation score: 1.2) saw 10.11% of its share traded off-market today, at a combined value of RM7 million.
The off-market trade involved a block of 14.01 million shares, transacted at 50 sen apiece.
It was not known who the buyer or seller was.
For comparison, a thin volume of only 15,000 shares were traded in the open market today.
The integrated manufacturer and retailer of jewellery closed 3 sen or 5.36% higher at 59 sen today, giving it a market capitalisation of RM81.77 million.
(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.)