Yen Global sees 5% stake cross off-market

Yen Global sees 5% stake cross off-market
-A +A

KUALA LUMPUR (Aug 1): Yen Global Bhd saw 6.94 million shares or 5.06% of its total outstanding shares crossed off-market today.

According to Bloomberg data, the transaction was done in 31 tranches, traded at prices between 69 sen and 85.5 sen.

The value of the off-market transactions totalled RM5.03 million.

Parties involved in the transaction were not immediately known.

In the open market, the counter closed at 85.5 sen, up 3.5 sen or 4.27%, with only 2.33 million shares traded.

Yen Global has a market capitalisation of RM113.88 million.

Year-to-date, the share price has more than doubled from just 42 sen.