Published: Friday June 22, 2012 MYT 2:08:00 PM
Luster's 35m shares crossed, sharply below market price
By Joseph Chin
KUALA LUMPUR: Luster Industries Bhd's 35 million shares were crossed in several off-market deals on Friday, at a steep discount to its current market price.
Stock market data showed the shares were transacted at 8.0 sen each or six sen below Thursday's close of 14 sen.
There were also four million Luster warrants transacted at 7.0 sen each or 3.5 sen below Thursday's close of 10.5 sen.
At 12.30pm on Friday, Luster's share price was up 5.0 sen to 19 sen and it was the most active with 179.27 million shares done.
The warrants rose 2.5 sen to 13 sen at midday, with 119.31 million units done.