KUB sees large off-market trade
PETALING JAYA: KUB Malaysia Bhd
saw 178.07 million shares crossed at 68 sen which is a large premium of 28.5 sen over yesterday’s close of 39.5 sen.
The block represents 32% of the company’s total share base of 556.46 million.
In January 2019, it was reported that KUB said its major shareholder had been approached by several parties interested in acquiring its stake.
The company, then said it had received a letter from Anchorscape Sdn Bhd to inform it of this development.
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