{"id":1713,"date":"2013-06-05T05:15:36","date_gmt":"2013-06-05T05:15:36","guid":{"rendered":"http:\/\/benalec.pengerangmaritime.com.my\/2013\/06\/05\/benalec-sees-5-5m-shares-traded-off-market-2\/"},"modified":"2013-06-05T05:15:36","modified_gmt":"2013-06-05T05:15:36","slug":"benalec-sees-5-5m-shares-traded-off-market-2","status":"publish","type":"post","link":"https:\/\/www.benalec.com.my\/zh-hans\/benalec-sees-5-5m-shares-traded-off-market-2\/","title":{"rendered":"BENALEC SEES 5.5M SHARES TRADED OFF-MARKET"},"content":{"rendered":"<p><p1 style=\"font-size:12px;\"><em>The Star Online<br \/>\n5th June, 2013<\/em><\/p1>\n<br \/>KUALA LUMPUR: Construction-based Benalec Holdings Bhd saw 5.5 million of its shares traded in an off-market deal on Wednesday.<\/p>\n<p>Stock market data showed the shares were transacted at an average price of RM1.55.<\/p>\n<p>Based on its paid-up of 805.50 million shares, the stake was 0.68% only.<\/p>\n<p>Its share price edged up one sen to RM1.56 at midday.<\/p>\n<p>CIMB Equities Research had started coverage of Benalec with a Trading Buy instead of an Outperform, pointing out the stock should be event-driven. Its target price was RM2.01.<\/p>\n<p>The research house said it was high time to relook its potential as a major player in land reclamation. The signing of a sales and purchase agreement for the first phase of the reclamation job at Tanjung Piai should be a major catalyst.<\/p>\n<p>&#8220;The stock is a laggard among Iskandar plays and is now our top pick in the smaller-cap space,&#8221; CIMB Research said.<\/p>\n<p>Source : <a href=\"http:\/\/www.thestar.com.my\/story\/?file=\/2013\/6\/5\/business\/20130605132201\">http:\/\/www.thestar.com.my\/story\/?file=\/2013\/6\/5\/business\/20130605132201<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Star Online 5th June, 2013 KUALA LUMPUR: Constructi [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[30],"tags":[],"_links":{"self":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/1713"}],"collection":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=1713"}],"version-history":[{"count":0,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/1713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/media\/1534"}],"wp:attachment":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=1713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=1713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=1713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}