KUALA LUMPUR (Apr 17): Mulpha Land Bhd saw five million shares or a 2.19% stake in the company change hands via two separate off-market trades today.
One block of 4.2 million shares was traded at 78 sen per share for a total of RM3.3 million, while the second block of 800,000 shares was traded at the same price for a total of RM624,000.
The buyers and sellers of the shares are not known.
Mulpha Land (fundamental: 1.3; valuation: 1.1) ended the day three sen or 3.9% higher at 80 sen, with a market capitalisation of RM182.64 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.)