Quick Take: Sino Hua-An sees 11% stake crossed at half of market price

TheStar Fri, Apr 05, 2019 01:55pm - 5 years View Original


KUALA LUMPUR: Sino Hua-An International Bhd saw 124 million of its shares traded off-market at midday on Friday at half the market price.

Stock market data showed the 11% stake was transacted at just 13 sen each or 13.5 sen below Thursday's closing price. The shares out is 1.122 billion shares. 

   
At midday,  shares of Hua-An, which produces and sells metallurgical coke, was down 0.5 sen to 26 sen.

Hua-An was listed on the Main Board of Bursa Malaysia on March 26, 2007. 

Hua-An Group is the first Red Chip company listed on Bursa Malaysia and its business operation is wholly and exclusively located at Linyi City, Shandong Province, China.
 

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