Wednesday 24 Apr 2024
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KUALA LUMPUR (Sept 19): A single tranche of some 5.1 million Jiankun International Bhd's shares, representing about 3.1% of the company's outstanding shares, were traded off market at 25 sen apiece, a discount of 7.4% to the stock's market close today.

The data, obtained from Bloomberg, provided no details of the parties involved in the transaction.

The volume involved in the off-market transaction — which was valued at RM1.28 million in all — was 63 times more than the 81,000 shares that were exchanged in the open market today.

Jiankun shares closed 1 sen or 3.57% lower at 27 sen today, giving it a market capitalisation of RM45.05 million.

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