Versatile shares drop after discovery of financial irregularities


KUALA LUMPUR: Shares Versatile Creative Bhd fell 3% on Wednesday morning, after the company revealed it had discovered financial irregularities arising from unauthorised payments to third parties.

The packaging firm company fell 2.96%, or two sen to 65.5 sen with over three million shares traded. In the past one year, its share price has fallen some 60.54%.

Win a prize this Mother's Day by subscribing to our annual plan now! 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!

Versatile Creative

   

Next In Business News

Eversendai queried over sharp share price rise
KUB launches mandatory takeover offer for Central Cables
Southern Score buys 51% stake in SJEE Engineering for RM23mil
Swift Haulage’s 1Q profit doubles
PTT Synergy gets construction jobs from Sime Darby Property totaling RM169.85mil
P.A. Resources achieves year-on-year net profit growth of 16%
Ringgit ends higher against US dollar
Guocoland 3Q net profit tumbles 66% to RM2.9mil
Carlsberg mindful of uncertain global economic outlook
Teo Seng acquires land in Johor for RM23.6mil

Others Also Read