Monday, 26 March 2012

mTouche’s 15.9% stake done off-market sharply below Friday close

KUALA LUMUR (March 26): ACE Market listed MTOUCHE TECHNOLOGY [] BHD [] saw 15.9% of its shares transacted in several off-market deals on Monday at an average price of 31.5 sen.

Stock market data showed the last block of 9.3 million shares were crossed at 31.5 sen, which was 15 sen or 32.2% below last Friday’s closing price of 46.5 sen.

At 3.14pm, mTouche was down two sen to 44.5 sen.

The paid-up of mTouche, which is currently below the investors’ radar screen, is 228.56 million shares.



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