KUALA LUMPUR: Plastic manufacturer, IRM Group Bhd's share price slumped further at midday on Tuesday as investors who bought the stock earlier, have started selling them on news that a subsidiary defaulted on a loan.
At 12.30pm, it was down five sen to 14 sen with 15.15 million shares done. On Monday, it fell 10.5 sen to 19 sen ahead of its announcement about the loan default.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
