Over at Ideal United Bintang International Bhd, 40.25 million shares or a 13.33% stake crossed off market in four direct deals on June 25.
The shares were transacted at RM1.10 apiece for a total transaction value of RM44.27 million. Neither the seller nor the buyer had been disclosed as at press time. The Penang-based property developer has not made any announcement on changes in shareholding since April.
Ideal United Bintang is ultimately controlled by Tan Sri Alex Ooi Kee Liang, who has been dubbed Penang’s Condo King.
The counter has risen one sen or 1% year to date to close at RM1.10 last Wednesday, giving the company a market capitalisation of RM332.1 million.
this news is in the bursa announcement 2 weeks back...if u got follow the company announcement everyday then u would have know..dun ask stupid question here to scare off ppl
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Anon
1,134 posts
Posted by Anon > 2019-07-04 10:53 | Report Abuse
They just inject 3 mega projects worth 1.5 billions. Believe it will start contribute handsome profit by next QR.