Quick Take: Sino Hua-An sees 11% stake crossed at half of market price

KUALA LUMPUR: Sino Hua-An International Bhd saw 124 million of its shares traded off-market at midday on Friday at half the market price .

Stock market data showed the 11% stake was transacted at just 13 sen each or 13.5 sen below Thursday's closing price of 26.5 sen. The shares out is 1.122 billion shares. 

At midday,  shares of Hua-An, which produces and sells metallurgical coke, was down 0.5 sen to 26 sen.

Hua-An was listed on the Main Board of Bursa Malaysia on March 26, 2007. 

Hua-An Group is the first Red Chip company listed on Bursa Malaysia and its business operation is wholly and exclusively located at Linyi City, Shandong Province, China.