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Perisai shares plunge 83%; Bursa Malaysia to delist stock


KUALA LUMPUR: Shares of Perisai Petroleum Teknologi Bhd plunged 83% in the first few minutes of trading on Monday after Bursa Malaysia Securities commenced the delisting exercise against the company after its regulation plan was rejected.


The Practice Note 17 (PN17) plunged 83.33%, or 2.5 sen in early trade to 0.5 sen. The counter is the second most actively traded with 25.67 million shares done.


Stock on the Move , Perisai , PN17

   

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