Monday 27 February 2012

Envair sees 5.6% stake crossed off-market

KUALA LUMPUR (Feb 27): Envair Holdings Bhd’s 6.70 million shares or 5.65% stake were transacted in an off-market deal on Monday at an average price of 20 sen each, which was 32.2% below Friday’s closing price of 29.5 sen.

The stake is believed to have been disposed of by an executive director Datuk Seri Ung Eng Huat.

Ung had on Feb 16 announced his intention to deal in the shares. His shareholding was 6.70 million shares.

At 11.46am, Envair share price was up 0.5 sen to 30 sen.

Envair’s core business includes providing clean room facilities for the semiconductor industry and pharmaceutical sector and it is also involved in industrial water treatment systems.



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