Globaltec slides 27%, Bursa issues UMA query


KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Globaltec Formation Bhd following a recent sharp decline in its share price, coupled with increased trading volume.

The integrated manufacturing services solutions provider tumbled 27%, or 27 sen, to 73 sen at 3.22 pm. Over the past five trading days, the counter has fallen 35.96%.

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

Next In Business News

TSH records FY25 core profit of RM300mil and enhanced dividend policy
FBM KLCI slips for second day, underperforms regional markets
Gold climbs 1% as US tariff uncertainty lifts safe-haven demand
Zetrix raises funds, plans to list AI unit on Nasdaq
TM, U Mobile enter 5G wholesale arrangement under MOCN framework
OCBC fourth-quarter profit rises 3%; aims to deepen regional wealth footprint
UOA Development records RM672.9mil in FY25 property sales
Velesto records lower net profit of RM202.2mil in FY25
Telekom Malaysia's FY25 net profit falls by 15.1% to RM1.71bil
Eversendai's FY25 net profit surges to RM110.41mil

Others Also Read