Rohas Tecnic sees 3.07% shares cross off-market

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KUALA LUMPUR (April 26): Infrastructure company Rohas Tecnic Bhd saw 14.5 million shares crossed off-market today. This represented 3.07% of the company's 472.66 million issued shares.

According to Bloomberg data tracking trades of 300,000 shares or more, the shares were transacted in one block, worth a total of RM19.72 million.

The transaction was done at RM1.36 a share or at a 0.74% premium of its last closing price of RM1.35 yesterday.

At the time of writing, it is not immediately known as to whom the parties involved in the transaction were.

Last traded yesterday, shares in Rohas Tecnic were down one sen or 0.74% at RM1.35, bringing its market capitalisation to RM638.09 million.

Over the past 12 months, the stock has risen 42.41% from 95 sen.