Saturday 20 Apr 2024
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KUALA LUMPUR (July 23): A total 34.5 million shares amounting to 4.96% of MMAG Holdings Bhd, were traded off-market today.

According to Bloomberg, the shares were traded at 30 sen apiece, for a total of RM10.35 million at 4:03pm.

The ICT (information communications technology) solutions provider had a share capital of 694.92 million shares.

The buyer and seller of the trade could not be ascertained at the time of writing.

As of April 4, the group’s largest shareholders included Cypress Valley Sdn Bhd, which owns 171.53 million shares or a 24.68% stake. Chan Swee Ying holds 163.88 million shares or 23.58%, and Marina Teguh Sdn Bhd owns 71.21 million shares or 10.25%.

MMAG closed unchanged at 24.5 sen today, for a market capitalisation of RM170.26 million. 

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