PETALING JAYA: Transmile Group Bhd shares yesterday suffered from heavy selling as investors reacted to the company’s concern over the reliability of its unaudited consolidated results announced on Feb 15.
The stock, which was well liked by investors for its solid track record and strong shareholders, plunged to an intra-day low of RM9.10 in the first half hour of resuming trading yesterday. The counter closed at RM10, down RM3 or 23%.
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