Friday 29 Mar 2024
By
main news image

KUALA LUMPUR (Mar 5): Imaspro Corp Bhd saw 1.82 million of its shares, representing a 2.28% stake in the company, crossed off-market today.

According to Bloomberg data, the shares were moved in two blocks – one block at a price of RM1.30 and another block at RM1.38, equivalent to 12.75% and 7.38% discount from the closing price of RM1.49 today. Total value of these deals was RM2.45 million.

It is not known who were the parties involved in the transaction as at press time.

Meanwhile, in the open market, Imaspro's (fundamental: 1.45; valuation: 1.8) share price surged 22 sen or 17.32% to settle at RM1.49 today, with 82,700 shares done. Its market capitalisation stood at RM101.6 million.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
 

      Print
      Text Size
      Share