KUALA LUMPUR: Malayan Cement Bhd’s proposal to raise RM226.95mil via a private placement may not go down well with investors as the stock emerged as the top loser on Bursa Malaysia.
The counter fell 6.67%, or 21 sen to RM2.94 with 741,000 shares traded. Year-to-date, the counter has appreciated some 17.6%.
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