Pensonic sees 3.5% stake traded off-market

Pensonic sees 3.5% stake traded off-market
-A +A

KUALA LUMPUR (July 26): Pensonic Holdings Bhd saw 4.5 million shares cross off-market today, representing a 3.47% stake in the company.

According to Bloomberg data, the shares were transacted in seven separate blocks, worth a total of RM3.1 million. The transactions were carried out at between 60 sen and 70 sen a share.

It is not immediately known as to who the parties involved in the transactions are.

Pensonic's share price closed three sen or 4.76% higher at 66 sen, giving it a market capitalisation of RM85.58 million.