Bursa Alert
Global Market
NewsGefung sees 24.5% stake transacted off-market ahead of EGM
Page 1 of 1
Gefung sees 24.5% stake transacted off-market ahead of EGM
by hlk Tue 05 Jul 2011, 18:03
KUALA LUMPUR: GEFUNG HOLDINGS BHD []’s 38 million shares or 24.5% were transacted in several off-market deals on Tuesday, July 5, ahead of its EGM on Wednesday.
Stock market data showed the shares were crossed at 16 sen each. The share price close one sen lower at 16 sen.
Gefung is involved in the processing of marble and granite products.
The company is scheduled to hold its EGM on Wednesday, July 6 at Hotel Armada in Petalaing Jaya at 3pm.
The proposals are to cancel 85 sen of the par value of each share of RM1 each, proposed renounceable rights issue of up to 193.50 million new shares of 15 sen each with 38.70 million free detachable warrants on the basis of five rights shares with one warrant for every four ordinary share of 15 sen each after the proposed reduction in par value.
Stock market data showed the shares were crossed at 16 sen each. The share price close one sen lower at 16 sen.
Gefung is involved in the processing of marble and granite products.
The company is scheduled to hold its EGM on Wednesday, July 6 at Hotel Armada in Petalaing Jaya at 3pm.
The proposals are to cancel 85 sen of the par value of each share of RM1 each, proposed renounceable rights issue of up to 193.50 million new shares of 15 sen each with 38.70 million free detachable warrants on the basis of five rights shares with one warrant for every four ordinary share of 15 sen each after the proposed reduction in par value.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Tiger Synergy, Oldtown sees shares transacted off-market
» Eti Tech surges, sees 14.2% stake done off-market
» Ni Hsin sees 7.35% equity stake traded off market
» Mulpha Land sees 4.8% stake cross off-market
» Notable Trade Wintoni sees 4.8% stake traded off-market
» Eti Tech surges, sees 14.2% stake done off-market
» Ni Hsin sees 7.35% equity stake traded off market
» Mulpha Land sees 4.8% stake cross off-market
» Notable Trade Wintoni sees 4.8% stake traded off-market
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum