Khazanah Nasional Bhd disposed of a block of IHH Healthcare Bhd shares valued at RM828.7mil in off-market trades in a move to add liquidity to the stock, sources said.
The block was made up of 130.3 million IHH shares that was priced at RM6.36 apiece, which was at a slight discount of 10 sen to the opening price of IHH today of RM6.46.
“About 80% of the shares were taken up by local funds and foreigners mopped up the rest. It was a good price in the current climate,” said a banker.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
The block was made up of 130.3 million IHH shares that was priced at RM6.36 apiece, which was at a slight discount of 10 sen to the opening price of IHH today of RM6.46.
“About 80% of the shares were taken up by local funds and foreigners mopped up the rest. It was a good price in the current climate,” said a banker.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment