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NewsEti Tech surges, sees 14.2% stake done off-market
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Eti Tech surges, sees 14.2% stake done off-market
by Cals Wed 12 Jun 2013, 16:42
Published: Wednesday June 12, 2013 MYT 3:32:00 PM
Updated: Wednesday June 12, 2013 MYT 3:50:39 PM
Eti Tech surges, sees 14.2% stake done off-market
By Joseph Chin
KUALA LUMPUR: Eti Tech Corporation Bhd, whose shares surged in very active trade on Wednesday, saw 100.42 million of its shares traded off-market.
Stock market data showed the shares, which accounted for a 14.2% stake based on its paid-up of 706.27 million shares, were traded at seven sen each.
At 3.19pm, Eti Tech was up four sen to 11 sen. There were 103.50 million shares done at prices ranging from 6.5 sen to 11.5 sen.
Eti Tech is a Practice Note 1/2001 company.
On June 6, the company and its unit ETI Tech (M) Sdn Bhd, which was the corporate guarantor, were served with writs of summons and statements of claim by Hong Leong Bank seeking a total of RM7.3mil in outstanding sums owed.
Updated: Wednesday June 12, 2013 MYT 3:50:39 PM
Eti Tech surges, sees 14.2% stake done off-market
By Joseph Chin
KUALA LUMPUR: Eti Tech Corporation Bhd, whose shares surged in very active trade on Wednesday, saw 100.42 million of its shares traded off-market.
Stock market data showed the shares, which accounted for a 14.2% stake based on its paid-up of 706.27 million shares, were traded at seven sen each.
At 3.19pm, Eti Tech was up four sen to 11 sen. There were 103.50 million shares done at prices ranging from 6.5 sen to 11.5 sen.
Eti Tech is a Practice Note 1/2001 company.
On June 6, the company and its unit ETI Tech (M) Sdn Bhd, which was the corporate guarantor, were served with writs of summons and statements of claim by Hong Leong Bank seeking a total of RM7.3mil in outstanding sums owed.
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