Harvest Court Industries Bhd tumbled the most in two years after the Malaysian timber company was declared a designated security by the Kuala Lumpur stock exchange, requiring investors to pay upfront before trading the shares.
The stock tumbled 30 percent to RM1.50 at 9:01 a.m. local time, set for its steepest drop since Sept. 3, 2009.
The shares surged 29 percent to RM2.13 on Nov. 14 before they were suspended yesterday. -- Bloomberg
The stock tumbled 30 percent to RM1.50 at 9:01 a.m. local time, set for its steepest drop since Sept. 3, 2009.
The shares surged 29 percent to RM2.13 on Nov. 14 before they were suspended yesterday. -- Bloomberg