Gabungan AQRS sees 4.61% stake traded off market

Gabungan AQRS sees 4.61% stake traded off market
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KUALA LUMPUR (Dec 28): Gabungan AQRS Bhd saw a total of 18 million shares, representing a 4.61% stake, crossed off-market today.

According to Bloomberg data, the shares were moved in one block at 88.5 sen apiece, for a total value of RM15.93 million. 

Parties involved in the transaction were not immediately known.

The transacted price was one sen or 1.1% lower than the stock’s closing price today of 89.5 sen, which is 0.5 sen or 0.56% higher compared to yesterday. Volume totalled 700,600 units.

Gabungan AQRS has a market capitalisation of RM349.39 million.

Year-to-date, the counter had surged 6.5 sen or 7.83%.

Its largest shareholder is Ganjaran Gembira Sdn Bhd, which is controlled by the company's chief executive offer Datuk Azizan Jaafar and executive director Bernard Lim Soon Chiang.

Ganjaran Gembira had a stakeholding of 13.32% in the company as of Oct 10. This is followed by Lim Ann Kok with a 13.31% stake and Ng Chun Seong with 11.9%.