KUALA LUMPUR (March 30) : SEG INTERNATIONAL BHD [] shares rose as much as 8% on Friday morning on speculation that the higher education provider could see the emergence of a new major shareholder after a substantial number of shares changed hands off market.
The stock which added as much as 13 sen to RM1.85 had settled lower at RM1.83 for lunch break.
News reports indicate that a 31.22% stake comprising 174.6 million shares were transacted in six tranches for a total value of RM268.67 million on Thursday.
The stock which added as much as 13 sen to RM1.85 had settled lower at RM1.83 for lunch break.
News reports indicate that a 31.22% stake comprising 174.6 million shares were transacted in six tranches for a total value of RM268.67 million on Thursday.
