Thursday, 5 January 2012

Menang Corp sees 4.49% stake crossed at 22c each

KUALA LUMPUR (Jan 5): Property-based Menang Corporation Bhd saw 12 million shares crossed in several off-market deals on Thursday afternoon.

Stock market data showed the shares, representing a 4.49% stake, were crossed at an average price of 22 sen.

At 3.39pm, Menang was up one sen to 23 sen.

On Dec 27, Menang group deputy chairman Datin Mariam Eusoff increased her shareholding in the company with the recent acquisition of 20 million shares, or a 7.48% stake.

She bought the shares from the open market at 20 sen each on Dec 27. The recent acquisition saw her shareholding increase to 26.18% or 69.949 million shares.



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