Business

Published: Tuesday July 17, 2012 MYT 4:20:00 PM

Cybertowers hits limit-down in late trade


KUALA LUMPUR: Cybertowers Bhd's share price hit limit-down in late trade on Tuesday, as its share price plunged 30 sen to 60 sen in very active trade.

At 4.23pm, it was down 30 sen to 90 sen. There were 15.47 million shares done.

The FBM KLCI was up 3.36 points to 1,639.32. Turnover was 1.18 billion shares valued at RM1.66bil. There were 353 gainers, 449 losers and 303 counters unchanged.

The latest bout of sell-down has seen RM1.34 erased from the value of its shares when it closed at RM1.94 last Wednesday.

Last Thursday, Cybertowers' share price hit limit-down on Thursday and was queried by Bursa Malaysia Securities. However, the company had then said it was unaware of the reasons for the sell-down.

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