KUALA LUMPUR (Mar 12): Teo Seng Capital Bhd saw 8 million shares, representing a 2.67% stake in the company, trade off-market today.

According to Bloomberg data, the shares were moved in three blocks of 1 million shares, 500,000 shares and 6.5 million shares, respectively. The shares were traded at RM1.90 per share, for a total value of RM15.2 million.

The transacted price represents a 5.5% discount to today's closing price of RM2.01.

It is not known who the parties involved in the trades were.

On Feb 24, Teo Seng (fundamental: 1.9; valuation: 2.1), which is involved in poultry farming, released its financial results for the fourth quarter ended Dec 31, 2014.

Its net profit soared 214% to RM17.97 million for the quarter, from RM5.73 million a year earlier. Meanwhile, revenue jumped 22% to RM108.46 million from RM89.16 million.

Teo Seng's largest shareholder is Emerging Glory Sdn Bhd, holding some 158.97 million shares or 52.99% equity interest in the company.

Teo Seng closed 1 sen or 0.5% lower at RM2.01, translating to a market capitalisation of RM606 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.)