PETALING JAYA: Sapura Energy Bhd’s shares got pummelled for the second consecutive trading day on dilution concerns, following the company’s announcement of a rights issue plan last Friday.
Shares in the oil and gas (O&G) service provider yesterday slid four sen, or 9.64%, to close at 37.5 sen, after 34.89 million shares changed hands.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!