Supercomnet slides on no option takeup

Publish date: Wed, 28 Mar 2012, 09:58 AM
Supercomnet Technologies Bhd, a manufacturer of wires and cables, tumbled 29 percent to 25.5 sen in Kuala Lumpur trading at 9.21am, bound for its largest loss since Sept. 26.

Mohd Nazifuddin Najib will not pursue an option to buy a 19 percent stake in the company from a group of shareholders, Supercomnet said in a statement. -- Bloomberg

Labels: SCOMNET

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mahes10

he took the option to buy from the mkt cheap ad sell it to you guys

2012-03-28 11:36

bull007

bingo. u got it right lol

2012-03-28 14:12

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