Muhibbah shares fall on airport concessions concerns


Muhibbah Engineering shares ended 5 sen down to RM1.65 yesterday.

PETALING JAYA: Shares of Muhibbah Engineering Bhd have been taking a beating this year, plunging 28% since Jan 22 on concerns over Cambodian airport concessions.

The stock hit a three-year low of RM1.59 on Feb 4, with CGS-CIMB claiming that it was “taken aback” by the share price dip.

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