Report dampens Transmile shares


  • Business Premium
  • Thursday, 24 May 2007

PETALING JAYA: Transmile Group Bhd shares took a nosedive yesterday after a brokerage report raised concerns about the number of aircraft operated by the company. Transmile refuted the report. 

The brokerage said it had downgraded its rating on Transmile to “underperform” after a search of online aircraft registries. 

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Aurelius Technologies aims to raise RM104.73mil from Main Market listing Premium
Sime Darby earnings impacted by China industrial slowdown in Q1FY22 Premium
Hong Leong Bank posts stronger Q1FY22 earnings of RM858.25mil Premium
Malaysia's exports for Jan-Oct 2021 surge 25% to top RM1 trillion Premium
Bursa pares losses but remains broadly lower Premium
Spectrum costs will dial up debt for some Apac telcos, including Malaysia Premium
Australia dollar takes breather from Omicron shock Premium
Nissan to spend $17.6 bln over 5 years in electrification push Premium
Ringgit opens slightly higher against greenback Premium
Quick take: Glove stocks jump amid spread of new Covid variant Premium

Others Also Read


Vouchers