PanPages could see emergence of new substantial shareholder


PETALING JAYA: Marketing and data services company PanPages Bhd could be seeing the entrance of a new substantial shareholder, following an off-market transaction of 70 million shares yesterday at 35 sen each. This is a 9.37% premium to yesterday’s close of 32 sen.

The off-market deal amounts to a 26.37% stake in the company, indicating that its existing substantial shareholder is exiting the business.

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Business , Panpages , deal , off market

   

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