Thursday, November 4, 2010

#Flash* Masterskill hits fresh low

KUALA LUMPUR: Shares of Masterskill Education Group fell in late afternoon on Thursday, Nov 4, sliding to a fresh low of RM2.44.

At 3.01pm, it was down 24 sen to RM2.44 with 2.53 million shares done. It was listed in May and its offer price was RM3.80 and closed at RM9.96 on the first day.

A substantial shareholder FMR LLC & FIL Limited had been reducing its stake in the nursing education services group. Since Oct 14 to Oct 27, it had disposed of 1.16 million shares, reducing its stake to 8.92% or 36.55 million shares.


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