Ewein sees 3.32% stake crossed off-market

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KUALA LUMPUR (Aug 21): Ewein Bhd saw 10 million shares, representing a 3.32% in the Penang-based property developer, traded off-market today.

Bloomberg data showed the shares were sold in two blocks at 70 sen apiece — a discount of 11.4% to its closing price of 79 sen today on the open market — for a total sum of RM7 million.

In comparison, 3.51 million shares were traded on the open market for prices between 79 sen and 80.5 sen. The stock closed with a market capitalisation of RM238.25 million.

The parties involved in the transaction were not immediately known.

Year-to-date, Ewein's share price has risen 79.5%.