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.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Next In Business News

Argentina approves US$2.5bil Rio Tinto lithium mining project
US warehouses turn�into tariff-free zones
FBM KLCI down for fifth consecutive session
Hup Seng eyes growth despite global volatility
Malayan Flour Mills sees opportunities and challenges ahead
Bumi Armada wins Indonesian job
Sarawak Plantation records higher 1Q25 net profit
Miti to unveil incentives to spur semiconductor sector
Gradual recovery forecast for PetChem
Domestic vehicle sales forecast to moderate this year�

Others Also Read