HeiTech Padu's shares fall on profit-taking after NIISe announcement


KUALA LUMPUR: Shares in Heitech Padu Bhd were down nearly 7% at its lowest on Monday as trading resumed following the announcement it had won the bid for the immigration department's RM892.2mil National Integrated Immigration System (NIISe) project.

The trading stock of the IT services management firm was suspended on Friday in light of the material announcement. It opened higher at RM4.40 a share, a 1.38% gain over last Thursday's closing price of RM4.34, but succumbed to profit-taking pressure shortly to hit an intra-morning low of RM4.04.

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HeiTech Padu , NIISe , immigration

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