Quick take: KPower share price jumps on Abdul Karim's resignation


KUALA LUMPUR: KPower Bhd's share price surged 15 sen or 36.59% to an intraday high of 56 sen a share following an announcement that Datuk Mohd Abdul Karim Abdullah had stepped down as its non-independent non-executive chairman.

The group's warrants doubled in value to 18 sen within the first 20 minutes of trading.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Traders start 2026 by locking in gains
Ringgit starts 2026 firmer on weaker greenback
Sarawak complete acquisition of MASwings
Trading ideas: Capital A, Axis REIT, LFE, Camaroe, NCT, CJ Century, TSH, BAT, Berjaya Assts, MSC, SE Resources
European stocks clinch best year since 2021�
Xi promises more proactive macro policies
Gold futures end 2025 easier, in sync with Comex�
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Washington approves TSMC chip shipments to China
Oyo Hotels’ parent files confidential IPO in India

Others Also Read