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Johore Tin sees 3.76% of its shares traded off-market

TheEdge Thu, Sep 05, 2019 07:51pm - 10 months ago

KUALA LUMPUR: Johore Tin Bhd saw 3.76% of its shares traded off-market today.

Bloomberg data showed that the block of 7.48 million shares worth RM10.48 million, or RM1.40 a share, was traded at 3:11pm.

This represents a premium of two sen or 1.45% from the counter’s closing price of RM1.38 today.

At the time of writing, the identities of the buyer and seller of the off market deal is not known.

As of Aug 30, Johore Tin’s largest shareholders were executive director Ng Keng Hoe (a 13.09% stake), chief executive officer Edward Goh Swee Wang (7.6%) and executive director Goh Mia Kwong  (11.47%).

At today’s price of RM1.38, Johore Tin is valued at RM428.45 million.


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