Spotlight on Datasonic share plunge


PETALING JAYA: Shares of Datasonic Group Bhd have steadied, but questions are still being asked about the stock’s spectacular run-up since January this year and its sudden plunge on Friday.

The share correction in Datasonic’s share price came amidst a rare trading caution on the stock issued by Bursa Malaysia on April 2 and days after a call warrant (CW) was issued on the company by an investment bank.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , datasonic , warrants , bursa

Next In Business News

Farm Fresh’s long-term growth remains intact
Aluminium rally set to boost China exports
Australia fuel tax cut masks price pressures�
Thailand eyes US$5bil from notes, loans as bond yields soar
Brazil�signals it will bolster Brasilia Bank
Trader Curtice quits after a year
European banks double down on SRT trades
Higher costs drag on Genting earnings growth
UBS’s Khan says AI�will have ramifications on jobs
DC, AI investments set to boost country’s coffers

Others Also Read