Travel and tour company Reliance Pacific Bhd saw 54.19 million of its shares traded off-market on Friday at a steep discount to its current price.
Stock market data showed the shares, which account for a 6.31% stake, were crossed in a direct deal at 21.5 sen.
This was 16.5 sen below Thursday's close of 38 sen.
At midday, the share price was down 0.5 sen to 37.5 sen.
It posted net losses of RM3.84mil in the third quarter ended Dec 31, 2015 and for the nine months, it was in the red at RM8.86mil.
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Stock market data showed the shares, which account for a 6.31% stake, were crossed in a direct deal at 21.5 sen.
This was 16.5 sen below Thursday's close of 38 sen.
At midday, the share price was down 0.5 sen to 37.5 sen.
It posted net losses of RM3.84mil in the third quarter ended Dec 31, 2015 and for the nine months, it was in the red at RM8.86mil.
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