Thursday 28 Mar 2024
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KUALA LUMPUR (April 22): Timber products manufacturer NWP Holdings Bhd and geotechnical engineering firm Emas Kiara Industries Bhd saw notable off-market trade today.

According to Bloomberg data, NWP Holdings saw 5.09% or 16.3 million shares traded off market.

The transaction was done in three tranches at 25 sen per share, which is at a 30.6% discount over today's closing price.

The counter closed three sen or 9.09% higher at 36 sen, with 8.05 million shares changing hands.

NWP Holdings has a market capitalisation of RM115.2 million.

Meanwhile, Bloomberg data showed that 4.35% or four million shares in Emas Kiara crossed off-market.

The transaction was done in a single tranche at the price of RM1.40, which is one sen higher than today's closing price.

In the open market, the counter only saw 206,300 shares traded. It closed unchanged at RM1.39, giving it a market capitalisation of RM127.69 million.

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