<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 20): Loss-making MQ Technology Bhd saw a block of shares representing about 9.64% of its issued share capital, traded off market today.</p></div>

<div class=newsTextDataWrapInner><p>According to Bloomberg data, a block of 40 million of the company’s shares were crossed at 6 sen per share, translating into a total value of RM2.4 million. The 6 sen price tag represents a 20% premium to its closing of 5 sen.</p></div>

<div class=newsTextDataWrapInner><p>The parties involved in the trade were not known at the time of writing.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Penang-based MQ Technology is primarily involved in the manufacturing of moulds, tools, dies, jigs and fixtures used in the manufacturing of hard disk drives.</p></div>

<div class=newsTextDataWrapInner><p>Last month, Robbie Hari Krishnan Tatparandam, the nephew of tycoon T Ananda Krishnan, had retired as an executive director of MQ Technology, after being appointed in December last year.</p></div>

<div class=newsTextDataWrapInner><p>MQ Technology’s share price closed unchanged at 5 sen, giving it a market capitalisation of RM20.74 million.</p></div>


KUALA LUMPUR (June 20): Loss-making MQ Technology Bhd saw a block of shares representing about 9.64% of its issued share capital, traded off market today.

According to Bloomberg data, a block of 40 million of the company’s shares were crossed at 6 sen per share, translating into a total...

MQ Technology sees 9.6% stake traded off market

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