MClean sees 8.95% of its shares traded off-market

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KUALA LUMPUR (Dec 5): MClean Technologies Bhd saw 16 million shares, representing 8.95% of its outstanding shares, traded off-market today at 15 sen apiece, or for RM2.4 million in total

According to Bloomberg data, the shares crossed in four blocks, comprising two blocks of 6 million shares each, one block of 2.5 million shares and one block of 1.5 million shares.

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

Decor Industries Pte Ltd is the biggest shareholder of the company with a 56.38 million or 31.54% stake, followed by JCS Group Pte Ltd with 21.67%, and Yeo Hock Huat with 14.61%.

MClean shares closed down 3.5 sen or 16.67% at 17.5 sen today, translating to a market capitalisation of RM31.29 million.