Maybank Research expects VSI to gain operational efficiency especially for the Malaysian operations in the coming quarters.
KUALA LUMPUR: The proprietary day trading (PDS) and intra-day short selling (IDSS) of VS Industry were suspended in the afternoon session on Wednesday after its share price fell more than 15 sen or 15%.
A Bursa Malaysia Securities announcement at 3.25pm said the PDS and IDSS will resume at 8.30am on Thursday.
At 4.14pm, VS Industry was down 19 sen to RM1.61. There were 36.18 million shares.
It tumbled to a low of RM1.50, the lowest since May 2017.
The FBM KLCI fell 2.60 points or 0.15% to 1,761.56. Turnover was 1.79 billion shares valued at RM1.54bil. There were 350 gainers, 533 losers and 342 counters unchanged.
VS is a leading integrated electronics manufacturing eervices (EMS) provider in the region. It manufactures for global brand names for office and household electrical and electronic products.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
