KUALA LUMPUR: Shares of HAP SENG CONSOLIDATED BHD [] was the top loser in late afternoon trade on Tuesday, Jan 11 as investors sold their shares after it announced a corporate exercise to raise RM1.5 billion.
At 3.28pm, Hap Seng was down 44 sen to RM6.85 with 2.52 million shares done. This was the lowest since Dec 29 last year
The FBM KLCI was down 2.43 points to 1,561.09. Turnover 1.99 billion shares valued at RM1.68 billion. There were 415 gainers, 394 losers and 287 stocks unchanged.
Last Friday, Jan 7, Hap Seng announced that its plans to raise up to RM1.46 billion for a corporate exercise which includes RM808.21 million from a private placement and another RM654.54 million from a rights issue.
At 3.28pm, Hap Seng was down 44 sen to RM6.85 with 2.52 million shares done. This was the lowest since Dec 29 last year
The FBM KLCI was down 2.43 points to 1,561.09. Turnover 1.99 billion shares valued at RM1.68 billion. There were 415 gainers, 394 losers and 287 stocks unchanged.
Last Friday, Jan 7, Hap Seng announced that its plans to raise up to RM1.46 billion for a corporate exercise which includes RM808.21 million from a private placement and another RM654.54 million from a rights issue.
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