Lay Hong sees 1.82% stake traded off market

Lay Hong sees 1.82% stake traded off market
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KUALA LUMPUR (June 23): A block of 1.1 million of Lay Hong Bhd’s share was traded off market today, according to Bloomberg data.

The block of shares, which is equivalent to 1.82% of equity in the poultry farmer, was traded at RM8.95 apiece, valuing the transaction at RM9.85 million.

The off-market trade was significantly higher than the 8,800 units traded at open market today.

It is not known who the buyer or seller for the transaction were.

Lay Hong traded unchanged at RM8.95 today, for a market capitalisation of RM542.15 million.