• From its 30-month high of RM1.19 on Monday, the counter was down 65.5 sen or 55.04%.

KUALA LUMPUR (Jan 17): Shares of Sarawak Consolidated Industries Bhd (SCIB) plunged 30 sen or 35.93% in Wednesday's morning session, hitting limit down for the second consecutive day, erasing all gains in the last three months.

The counter, which was issued an unusual market activity (UMA) query on Tuesday, traded at its intra-day low of 53.5 sen at the time of writing. From its 30-month high of RM1.19 on Monday, the counter was down 65.5 sen or 55.04%.

At the time of writing, SCIB remains the most active stock on Bursa Malaysia, with 198.1 million shares traded. At 53.5 sen, SCIB has a market capitalisation of RM342.5 million.

Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!

SHARE
RELATED POSTS
  1. The Residences IV, The Glades—final 2-storey waterfront resort-style bungalows with comprehensive conveniences
  2. Sunway REIT declares record high DPU for FY2025 as net property income rises 15.5%
  3. Rental scam victims disappointed with inaction by authorities