KUALA LUMPUR (Oct 29): Ace Market-listed iDimension Consolidated Bhd saw 20 million shares, or 4.7% equity stake, changing hands in three separate off market trades this afternoon, Bloomberg data shows.

The shares were transacted at 10.3 sen apiece, an 8.4% premium over the trading price of 9.5 sen at the time of writing, for a total of RM2.06 million.

It is not known who the buyer or seller of the shares were.

Bursa filings show Singapore-based Advance Capital Partners Pte Ltd had re-emerged as a substantial shareholder in the company with a 7.06% stake, following the conversion of redeemable convertible preference shares, pursuant to a subscription agreement.

The subscription agreement was signed between iDimension, Advance Opportuinities Fund and Advance Capital Partners on Dec 6 last year.

Advance Capital Partners had first emerged as a susbstantial shareholder in iDimension on Sept 15 with the acquisition of a 12.43% stake or 47.05 million shares, before ceasing to be a substantial shareholder last month.

At 4.19pm, iDimension was 0.5 sen or 5.56% higher at 9.5 sen, with a market capitalisation of RM38.24 million.