QL Resources holds steady amid tests


QL Resources Group CEO Chia Song Kooi.

SHAREHOLDERS at QL Resources Bhd’s annual general meeting this week were concerned about the correction in its share price. The stock has eased by 13% or 63 sen to RM4.13 year-to-date.

If they were long-term investors, the price drop would have been seen as a healthy correction as two decades ago, the stock was trading at an average of about 15 sen a piece.

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

Warriors’ parent valued� at US$11bil in stake sale
Foodie Media� 1Q revenue at RM13mil
Oil nudges up on Iran risk premium
Stable�medium-term outlook�for CPO prices
Kumpulan Jetson in RM15mil sale
Healthcare sector rerating likely on big-ticket IPOs�
Rimbunan Sawit disposes Sarawak asset
5E Resources gets Bursa’s nod for ACE Market listing
Pricing deal to avoid EU tariffs on Chinese EVs
Vietnam steps up price controls before New Year

Others Also Read