PETALING JAYA: A block of 33.7 million shares, representing a 23% stake in tightly held Spring Gallery Bhd (SGB), changed hands at 58 sen per share last Friday.
The deal was valued at RM19.55mil, which at this price meant the shares were transacted at a 25% discount to SGB’s closing price of 78 sen.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!