Thursday, April 28, 2011

Astino's 9.5m shares crossed at 21% below market price

KUALA LUMPUR: ASTINO BHD []'s 9.5 million shares were crossed at 55 sen each in an off-market deal, or 15 sen below its closing price of 70 sen.

Stock market data on Thursday, April 28 showed this was 21% below the traded price in the regular market of 69.5 sen.

At 11.50am, Astino was down 0.5 sen to 69.5 sen. There were 16,000 shares done at prices ranging from 69.5 sen to 70'' sen.

Astino operates in four segments, which are metal roofing, PVC, PE, and investment and management.

The PVC segment is engaged in the trading of polyvinyl chloride (PVC) panels, doors and frames. The PE segment is engaged in the manufacture and sale of polyethylene (PE) insect screen.

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