The Store sees 9.01% stake worth RM19.77m crossed off market - News Summed Up

The Store sees 9.01% stake worth RM19.77m crossed off market


KUALA LUMPUR (Nov 1): The Store Corp Bhd saw a total of 6.18 million shares or a 9.01% equity stake worth RM19.77 million or RM3.20 per share crossed off market today. The transactions were done in six blocks, ranging from 162,200 shares a block to 3.03 million shares a block, according to Bloomberg data. It is followed by Megastar Ventures Sdn Bhd with 3.42 million shares or a 4.99% stake, Surplus-Ed Capital Sdn Bhd's 4.98% stake and Nichetrade Capital Sdn Bhd's 4.78% stake. Meanwhile, Berjaya Corp Bhd founder Tan Sri Vincent Tan Chee Yioun has 1.9 million shares or 2.77% direct stake and 5.35 million shares or 7.8% indirect stake in The Store. The share price of the department store operator closed 15 sen or 4.84% lower at RM2.95, for a market value of RM202.09 million.


Source: The Edge Markets November 01, 2016 14:19 UTC



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