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Notable Trade Fitters Diversified's shares, warrants cross off market

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Notable Trade Fitters Diversified's shares, warrants cross off market Empty Notable Trade Fitters Diversified's shares, warrants cross off market

Post by Cals Wed 15 Apr 2015, 19:56

Notable Trade
Fitters Diversified's shares, warrants cross off market




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By Shalini Kumar / theedgemarkets.com   | April 15, 2015 : 5:42 PM MYT   

KUALA LUMPUR (April 15): Ten million [size=14]Fitters Diversified Bhd shares crossed hands in off market trades today at 68 sen apiece, for a total of RM6.8 million.


This represents 2.08% of the fire safety materials and systems manufacturer’s issued and paid up capital.  

Also, 5.52 million of the group's warrants were traded in an off market transaction at 23 sen each, for a total of RM1.27 million.  

It is not known as to whom the buyers and sellers were.  

Fitters Diversified (fundamental: 1.3; valuation: 1.8) shares closed one sen or 1.46% higher at 69.5 sen each, while its warrants closed 0.5 sen or 2.08% higher at 24.5 sen.  

(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.)
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