For the week of June 11 to 17, oil and gas services firm Perisai Petroleum Teknologi Bhd saw a total of 54.37 million shares, or an 8.2% stake, cross off market at 64 sen to 72 sen apiece in both direct and block deals. The transactions were worth RM36.28 million.

Perisai is proposing to undertake a private placement of up to 10% of its issued and paid-up share capital, according to a statement to Bursa Malaysia on June 16. The issue price for the placement has yet to be fixed while the investors will be identified later.

As at May 25, 2009, the issued and paid-up share capital of Perisai was RM66.24 million, comprising 662.40 million shares of 10 sen par value each. Perisai was transferred to the Main Board from Mesdaq on June 8.
Meanwhile, some 47.47 million shares or an 8.9% stake in Mesdaq-listed Daya Materials Bhd, another oil and gas services firm, changed hands on June 17 at 40 sen per share in block deals. The transactions were worth RM18.99 million.

Daya Materials has fixed the issue price of its fourth tranche of new shares for its private placement exercise at 36 sen per share, according to an announcement to Bursa on June 12.

The issue price of 36 sen a share represents a discount of 2.9% on Daya Materials’  volume-weighted average market price of 37.07 sen for the five market days immediately preceding June 12.

Meanwhile, Mesdaq-listed CBS Technology Bhd saw a total of 40 million shares, or a 26.3% stake, cross off market at 37.5 sen to 40 sen a share in both direct and block deals on June 12 and 15.

The Securities Commission had approved the e-security solutions developer’s application for an extension of up to 12 months to meet the bumiputera equity condition with regards to its proposed special issue of up to 67.8 million shares of 10 sen par value each.

Some 24 million shares, or a 4.8% stake, in Sunrise Bhd changed hands at RM1.73 apiece in block deals on June 11. Filings on June 17 showed that the property developer’s executive deputy chairman, Datuk Lim Kim Huat, acquired 8.97 million shares on June 11, raising his direct interest to 7.24% or 35.85 million shares. The counter closed unchanged at RM1.79 last Wednesday.

Main Board-listed Compugates Holdings Bhd saw a total of 17.81 million shares traded off market at 7 sen to 8.5 sen between June 11 and 16. The stock closed at seven sen last Wednesday.

Its group managing director Goh Kheng Peow disposed of another 24.57 million shares on the open market on June 15.

A filing with Bursa showed that the shares were disposed of in three tranches of 1.75 million, six million and 16.8 million shares. After the disposal, Goh’s total shareholding in Compugates was 487.35 million shares, or a 22.83% stake.

AMMB Holdings Bhd saw 16.4 million shares transacted off market in block deals on June 11, 12 and 15 at RM2.98 to RM3.49 apiece. The counter closed at RM3.38 last Wednesday.

Multi-Purpose Holdings Bhd saw 14 million shares traded off market at RM1.60 per share in block and direct deals on June 12. The counter closed at RM1.48 last Wednesday.

Over at Axiata Group Bhd, 13.49 million shares changed hands at RM2.33 to RM2.42 per share in block deals between June 11 and 16.

Some 10.57 million KNM Group Bhd shares were traded off market at RM1.01 to RM1.09 per share, all in block deals, between June 11 and 16. The oil and gas company closed at 95 sen last Wednesday.
About 10 million shares in Ramunia Holdings Bhd were transacted off market at 60.5 sen per share in a block deal on June 17. The trade was worth RM6.05 million.