KUALA LUMPUR: Seacera Group Bhd
’s proposal to issue new share and private placement to pare debts may not go not go down well with investors as the stock tumbled 10.4% in early trade Thursday.
Seacera, one of the top losers on Bursa Malaysia, fell 10.42%, or 2.5 sen to 21.5 sen with 8.2 million shares traded. The counter has been on a general downtrend in the past one year.
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