KUALA LUMPUR (Sept 12): Avillion Bhd saw 39.33 million shares, representing a 4.58% stake, crossed off market today.
Based on Bloomberg data, the hotel operator’s shares were traded in a single block at 15 sen apiece, totalling RM5.9 million.
It was unclear which parties were involved in the transaction.
Mazmur Capital Sdn Bhd is the largest shareholder of Avillion with a 26.28% stake followed by Ibu Kota Developments Sdn Bhd with a 26.19% stake.
Avillion closed unchanged at 12.5 sen, giving it a market capitalisation of RM118.05 million.