Wednesday, February 16, 2011

Masterskill falls to lowest since listing

KUALA LUMPUR: Shares of education services provider Masterskill Education Group Bhd''fell to its lowest in late afternoon trade on Wednesday, Feb 16 to RM1.83.

At 2.40pm, it was down 13 sen to RM1.83 with 3.73 million shares done.

The FBM KLCI fell 2.68 points to 1,5022.65. Turnover was 1.10 billion shares valued at RM1.02 billion. There were 275 gainers, 468 losers and 260 stocks unchanged.

The company announced on Monday, that FMR LLC & FIL Ltd disposed of 350,000 shares on Feb 7 and 8 and reduced its stake to 5.09% or 20.87 million shares.

Meanwhile, Masterskill announced on Wednesday that its executive director and group chief executive officer Datuk''Seri Santhara Kumar A/L Ramanaidu, who owns 22.1% stake, intends to deal in the shares during closed period.

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