Frontken sees 2.7% block crossed at hefty 47.6 sen a share


KUALA LUMPUR: Frontken Corporation Bhd saw a block of 27.63 million shares crossed at 47.6 sen late Friday, which was a hefty premium of nearly 700% above the market price.

Stock market data showed the 2.72% stake, which was transacted in an off-market deal at 47.6 sen, was 41.1 sen above the current market price of 6.5 sen.

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