Blogged last week: That 7 Billion Highway Project!!!
Now there was one rather interesting news clip regarding Kumpulan Europlus published on the EdgeMalaysia.com on the 6th Jan 2012.
- Kumpulan Euro's 6m shares done off-mkt at 9.7% below regular trade.
Written by Joseph Chin of theedgemalaysia.com
Friday, 06 January 2012 15:02
KUALA LUMPUR (Jan 6): KUMPULAN EUROPLUS BHD  saw 6.0 million of its shares transacted in an off-market deal at an average price of RM1.11 on Friday.
Stock market data showed the shares, which were crossed at RM1.11 each, were 9.7% below its regular market trade of RM1.23.
The 6.0 million shares accounted for just 1.15% of the paid-up of 520.99 million shares.
What was interesting was this deal was done 20 days before it was announced that KEuro won that amazing 7 Billion Highway Project!!!
Here's a news clip of the project award on 26th Jan 2012.
Well, I am just curious.... who is the buyer of these 6 million shares at an average price of rm1.11?
Keuro last traded at 1.31.