KUALA LUMPUR: KUMPULAN JETSON BHD [] saw 4.735 million of its shares transacted in an off-market deal at 99 sen each in the morning session on Wednesday, Jan 19.
At 12.30pm, its share price was down one sen to RM1.08 with 139,500 shares done.
On Tuesday, Jetson Bhd announced it was venturing into the property development scene in Penang with the acquisition of three parcels of land on the island for RM14 million.
The company was acquiring the three pieces of freehold land from MALAYSIA BUILDING SOCIETY BHD [] (MBSB).
Jetson was in focus in mid-December last year when the Naza Group brothers, Sheikh Mohd Nasarudin Sheikh Mohamad Nasimuddin Kamal and Sheikh Mohd Faliq Sheikh Mohamad Nasimuddin Kamal exited the CONSTRUCTION [] company.
The Edge FinancialDailyreported on Dec 14 that Nasarudin and Mohd Faliq had resigned from their board memberships of Jetson.
Both Mohd Nasarudin and Faliq who, via private vehicle Superior Pavillion Sdn Bhd, acquired a controlling 33.15% stake in Jetson in August last year also reduced their stakes in Jetson after disposing of 4.38 million shares or 7.2% of the company.'' Following the sale, Superior Pavillion still owns 21.7%.
At 12.30pm, its share price was down one sen to RM1.08 with 139,500 shares done.
On Tuesday, Jetson Bhd announced it was venturing into the property development scene in Penang with the acquisition of three parcels of land on the island for RM14 million.
The company was acquiring the three pieces of freehold land from MALAYSIA BUILDING SOCIETY BHD [] (MBSB).
Jetson was in focus in mid-December last year when the Naza Group brothers, Sheikh Mohd Nasarudin Sheikh Mohamad Nasimuddin Kamal and Sheikh Mohd Faliq Sheikh Mohamad Nasimuddin Kamal exited the CONSTRUCTION [] company.
The Edge FinancialDailyreported on Dec 14 that Nasarudin and Mohd Faliq had resigned from their board memberships of Jetson.
Both Mohd Nasarudin and Faliq who, via private vehicle Superior Pavillion Sdn Bhd, acquired a controlling 33.15% stake in Jetson in August last year also reduced their stakes in Jetson after disposing of 4.38 million shares or 7.2% of the company.'' Following the sale, Superior Pavillion still owns 21.7%.
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