<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 27): Datasonic saw a total of 126.67 million shares, representing a 9.38% stake, traded off market today.</p></div>

<div class=newsTextDataWrapInner><p><em>Bloomberg</em> data showed the shares were traded across four blocks for 65 sen apiece, a 53% discount to today’s closing price of RM1.38, for a total value of RM82.33 million.</p></div>

<div class=newsTextDataWrapInner><p>Filings with Bursa Malaysia showed the shares were disposed by Datasonic managing director Datuk Abu Hanifah Noordin, bringing his total direct stake in the company to 66.92 million shares or 4.957%.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>He also has an indirect interest of 0.673% in Datasonic.</p></div>

<div class=newsTextDataWrapInner><p>Earlier this month, Abu had disposed a 13.81% stake of his company via a series of off-market trades, which was also disposed at 65 sen apiece.</p></div>

<div class=newsTextDataWrapInner><p>Datasonic rose 10 sen or 7.81% to RM1.38 today, giving it a market capitalisation of RM1.86 billion.</p></div>


KUALA LUMPUR (Dec 27): Datasonic saw a total of 126.67 million shares, representing a 9.38% stake, traded off market today.

Bloomberg data showed the shares were traded across four blocks for 65 sen apiece, a 53% discount to today’s closing price of RM1.38, for a total value of RM82.33 million.

Datasonic sees 9.4% stake traded off market

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KUALA LUMPUR (April 23): Grade A prime office spaces continue to be in demand with improving vacancy and rental rates due to the flight to quality trend among tenants, according to JLL (Malaysia), as discussed in its JLL’s 1Q2024 Greater Kuala Lumpur Property Market Monitor launch on Tuesday.

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erman police have arrested an employee of an Alternative for Germany (AfD) politician in the eastern German city of Dresden on suspicion of espionage for China, broadcasters ARD, RBB and SWR reported on Tuesday.

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According to marke...

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<p>Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.</p>


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<p>Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.</p>


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<p>Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.</p>


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<p>Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.</p>


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<p>Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.</p>


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<p>Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.</p>


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<p>Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.</p>


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<p>Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.</p>


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<p>Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.</p>


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<p>Rakuten Trade has a “buy” rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen, with a fair value of 40 sen based on financial year 2024 (FY2024) forecast price-earnings (PE) of 15x, in line with industry peers.</p>


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<p>South Korea is emerging as a closely watched weak link in the US$63 trillion (RM298.95 billion) world of shadow banking.</p>


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<p>Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;</p>

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<p>The two helicopters which collided and crashed at the Royal Malaysian Navy (RMN) Base were undergoing a rehearsal for the third time in conjunction with RMN Fleet Open Day celebration scheduled on Saturday (April 27).</p>
