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A bitter pill for Pharmaniaga to swallow


PHARMANIAGA Bhd ’s shares took a beating this week, declining sharply by 7.9% to RM3.73 on Friday, making it the largest single day drop in two years.

This was largely triggered by a news report, which revealed that the government has been paying a large premium for medicines and consumable supplies through middlemen such as Pharmaniaga.

   

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