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Chemical Company Of Malaysia Sees Shares Worth MYR20.50 Mln Sold Off-Market

  By Gho Chee Yuan
Nikkei Markets
  KUALA LUMPUR (Feb 13) — Industrial and specialty chemicals maker Chemical Company Of Malaysia saw a total of 10 million shares worth 20.50 million ringgit ($5.20 million) sold in off-market trades, data from N2N trading platform showed.

The shares transacted represent 6% of the company’s total issued paid up capital, according to data on the trading platform. The shares were sold in five blocks, with three blocks sold at the price of 2.05 ringgit apiece and the remaining two blocks exchanged at 2.18 ringgit apiece.

The identity of the sellers and buyers were not disclosed.
  – By Gho Chee Yuan; Terence.Gho@nikkeinewsrise.com; 60320267363
– Edited by Abhijit Basu
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– Copyright (c) 2018 Nikkei NewsRise Asia Pte Ltd.

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