Silver Bird slumps on accounts probe
Publish date: Thu, 01 Mar 2012, 10:03 AM
Silver Bird Group, a bread maker, plunged 40 percent to 24.5 sen Kuala Lumpur trading at 9.29am, on course for its largest loss on record.
The company is investigating possible irregularities in its accounts, it said in a statement.
Also, three of its units defaulted on loans and the stock was placed under the exchange's watchlist of financially ailing companies, it said. -- Bloomberg
The company is investigating possible irregularities in its accounts, it said in a statement.
Also, three of its units defaulted on loans and the stock was placed under the exchange's watchlist of financially ailing companies, it said. -- Bloomberg
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something smells.
2012-03-01 15:19