Business

Published: Tuesday July 10, 2012 MYT 12:22:00 PM

Scope's 13m shares crossed, sharply below market price

By Joseph Chin


KUALA LUMPUR: Scope Industries Bhd's 13 million shares were transacted in an off-market deal on Tuesday at 20 sen each.

According to stock market data, the shares were transacted at a discount of 13.5 sen or 40.3% below Monday's closing price of 33.5 sen.

At 12.26pm, the share price had dipped 0.5 sen to 33 sen.

Based on the paid-up of 294.98 million shares, the 13 million shares accounted for a 4.4% stake.

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