KUALA LUMPUR: YTL Power Bhd's share price dove over 7% as it opened for Thursday trading following reports that the Malaysian Anti-Corruption Commission (MACC) was questioning its subsidiary's payment claims for the Education Ministry's RM4bil school Internet project.
The company's stock slumped as much as 28 sen to RM3.61 a share and was one of the most actively traded counters on Bursa Malaysia with over 12 million shares transacted in the first half-hour of trading.
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