Mulpha Land sees 4.8% stake cross off-market
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Mulpha Land sees 4.8% stake cross off-market
Mulpha Land sees 4.8% stake cross off-market
By Chester Tay / theedgemarkets.com | March 4, 2015 : 8:15 PM MYT
KUALA LUMPUR (March 4): Property developer [size=14]Mulpha Land Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) saw 10.95 million shares, which represents 4.8% stake in its overall outstanding shares, traded off-market today.
According to Bloomberg data, the shares were transacted in three blocks for a total of RM5.07 million or between 45 sen and 47 sen a piece.
It is not known as to whom the parties involved in the transaction were, at press time.
Mulpha Land (fundamental: 1.3; valuation: 2.4) inched up half sen or 1.03% to close at 49 sen today, valuing it at RM111.87 million.
[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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By Chester Tay / theedgemarkets.com | March 4, 2015 : 8:15 PM MYT
KUALA LUMPUR (March 4): Property developer [size=14]Mulpha Land Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) saw 10.95 million shares, which represents 4.8% stake in its overall outstanding shares, traded off-market today.
According to Bloomberg data, the shares were transacted in three blocks for a total of RM5.07 million or between 45 sen and 47 sen a piece.
It is not known as to whom the parties involved in the transaction were, at press time.
Mulpha Land (fundamental: 1.3; valuation: 2.4) inched up half sen or 1.03% to close at 49 sen today, valuing it at RM111.87 million.
[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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