Volatile Edgenta stays positive

UEM Edgenta Bhd’s share price appears to have hit altitude sickness at the RM1 level, falling back to a 16-year low following the group’s weak financial numbers for the first quarter ended March 31, 2025 (1Q25).

Khazanah Nasional Bhd, which holds a 69% stake via UEM Group Bhd, controls this asset management and infrastructure solutions company.