Friday, November 18, 2011

Sunway REIT sees 3.99% stake done off-mkt at RM1.05 each

KUALA LUMPUR (Nov 18): Sunway Real Estate Investment Trust (REIT) saw a 3.99% stake transacted in several off-market deals on Friday at an average price of RM1.05 a share, which was eight sen below the current market price of RM1.13.

Stock market data showed that the stake represented 107.47 million units.'' Its paid-up is 2.689 billion shares.

At 3.21pm, Sunway REIT shares were down just one sen to RM1.13 with 19,000 units done.

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