Block of shares changes hands in SGB


 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.

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