Dayang Enterprise's recent rally to a high of RM1.74 hit a speed bump on Tuesday after Hong Leong Investment Research's downgrade saw it skidding to a low of RM1.36.
THE quarterly loss recorded by Dayang Enterprise Holdings Bhd
, coupled with the announcement of two corporate exercises over the last week, has not been received well by investors.
This is evident from the 20% fall in the oil and gas (O&G) support services provider’s share price by the end of the week.
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