KUALA LUMPUR: Shares of BSL Corporation Bhd
closed lower at 57.5 sen on Tuesday ahead of its announcement about a proposed corporate exercise involving a major shareholder which did not get through.
At 5pm, the share price was down 15.5 sen to 57.5 sen. There were 7.32 million shares traded.
After market close, BSL informed Bursa Malaysia a third party, which had earlier verbally approached the major shareholder to acquire its stake, decided not to pursue the discussion further.
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