KUALA LUMPUR (March 28): Shares of Supercomnet Technologies Bhd extended their losses for the second day on Wednesday after the proposed disposal of an 18.66% stake by several major shareholders fell through.
At 10.10am, Supercoment fell 13.5 sen to 22.5 sen with 51.71 million shares done.
The FBM KLCI was up 0.64 of a point to 1,588.74. Turnover was 409.22 million shares valued at RM142.68 million. Losers beat gainers 226 to 170 while 227 counters were unchanged.
Supercoment announced on Tuesday that Mohd Nazifuddin Mohd Najib was not taking up the option to purchase an 18.66% stake in the company.
The company said on Tuesday that it had received a letter the same day from Nazifuddin “indicating that he will not be pursuing the option to purchase the 18.66% stake in the company as stated in the option letter”.
Supercomnet’s share price fell 13.5 sen to 36 sen with 79.14 million units done on Tuesday.
At 10.10am, Supercoment fell 13.5 sen to 22.5 sen with 51.71 million shares done.
The FBM KLCI was up 0.64 of a point to 1,588.74. Turnover was 409.22 million shares valued at RM142.68 million. Losers beat gainers 226 to 170 while 227 counters were unchanged.
Supercoment announced on Tuesday that Mohd Nazifuddin Mohd Najib was not taking up the option to purchase an 18.66% stake in the company.
The company said on Tuesday that it had received a letter the same day from Nazifuddin “indicating that he will not be pursuing the option to purchase the 18.66% stake in the company as stated in the option letter”.
Supercomnet’s share price fell 13.5 sen to 36 sen with 79.14 million units done on Tuesday.
