PETALING JAYA: Shares in M1 Ltd slumped as much as 8% to S$1.935 yesterday after its substantial shareholders abandoned plans to sell their stakes in Singapore’s smallest telecom company.
The shares dipped the most in almost nine years from Tuesday’s close of S$2.10 (RM6.59), according to Bloomberg data. Its lowest was on Nov 19, 2008 at 72.9 sen.
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