Bursa Securities caps Sunway-WB price after surge


KUALA LUMPUR: Bursa Malaysia Securities has capped the upper limit for Sunway Bhd’s warrants (Sunway-WB) on Tuesday after it surged for two consecutive days.

The regulator said on Tuesday the upper limit was 60.6 sen.

It added upper limit would be maintained in accordance to the trading rules due to trading at the static limit-up price for two consecutive trading days.

At 10.27am, it was trading at 60.5 sen with 14.25 million shares done.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read