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 EDUSPEC (0107) - Notable Trade - Eduspec sees 5.93% stake cross off market

April 7, 2015 : 5:44 PM MYT  

KUALA LUMPUR (April 7): Eduspec Holdings Bhd  saw 50 million shares or a 5.93% stake in the company crossed off market today.

According to Bloomberg, the shares were moved in one block of 50 million shares at a transaction price of 22 sen each, resulting in a total trade value of RM11 million. Eduspec shares were trading at an all-time high of 39 sen today.

The largest shareholder of Eduspec is Victory Solutions (M) Sdn Bhd with 14.1% shareholdings, followed by Autonaire Sdn Bhd with a 10.76% stake.

Eduspec (fundamental: 2.6; valuation: 0.5) shares closed up 1.5 sen or 4% to 39 sen, with a market capitalisation of RM328.7 million.

http://www.theedgemarkets.com
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