Its job scope for the contract involves supplying concrete cement and metal for the upgrading of the Train Cargo Terminal at Padang Besar, Perlis, Dolphin said in a filing with Bursa Malaysia.
KUALA LUMPUR: The call warrant for My EG Services Bhd
-C28 plunged on Wednesday but the share price stabilised after Bursa Securities froze the bottom limit.
At 11.22am, the CW-28 had tumbled 14 sen to 2.5 sen with 530,000 units done.
MY EG shares were unchanged at RM1.27 with 10.66 million shares traded.
However, the other call warrants fared better. The call warrants CW-25 rose 0.5 sen to 2.5 sen, CW-29 rose one sen to four sen, CW-30 added 1.5 sen to 3.5 sen, while CW-31, CW-32, CW-33 eked out a gain of 0.5 sen each to three sen, 2.5 sen and 3.5 sen respectively.
The CW-36 fell six sen to two sen.
The CW-28 was listed on Nov 14, 2017 and will mature on Sept 25, 2018. The issue size was 60 million units.
The exercise price for CW-28 is RM2.55 at a ratio of two of the call warrants to one. At the current price of the shares the call warrant is out of money.
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