Friday 19 Apr 2024
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KUALA LUMPUR (Sept 8): Ingenuity Consolidated Bhd saw a block of 29 million of its shares traded off-market today, representing a 3.04% stake in the company.

The block of shares was traded at 10 sen per share, amounting to RM2.9 million.

The company is involved in information and communication technology (ICT) hardware distribution and system integration and services.

Ingenuity Consolidated traded unchanged at 6 sen for a market capitalisation of RM57.20 million.

In its latest quarter, the company saw its net loss widen to RM2.81 million from RM2.44 million on the back of declined revenue of RM49.01 million from RM93.58 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.)

 

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