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NewsMAHB falls to low of RM6.05 on worries about delay in klia2
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MAHB falls to low of RM6.05 on worries about delay in klia2
by hlk Wed 08 May 2013, 16:59
KUALA LUMPUR: Shares of Malaysia Airports Holdings Bhd (MAHB)
fell as much as 36 sen or 5.6% to a low of RM6.05 on Wednesday on news
that the contractors for the klia2 had difficulty meeting the June 28
deadline.
The fall in share price could be related to the profit
taking on the broader market and blue chips after the surge over the
past two days, where the FBM KLCI rallied 82 points or 4.8% gains over
the past two days.
At 3.13pm, MAHB was down 20 sen to RM6.21. There were 1.99 million shares traded at prices ranging from RM6.05 to RM6.42.
The
FBM KLCI fell 2.87 points to 1,773.86. Turnover was 1.44 billion shares
valued at RM1.81bil. There were 325 gainers, 421 losers and 260
counters unchanged.
MAHB said the board, had at its meeting on
Tuesday, was of the view that the contractors for klia2 may have
difficulty in meeting the June 28 deadline, despite the commitment given
by the contractors.
MAHB had said it would meet the contractors again soon to confirm the ability of the contractors to meet the deadline.
fell as much as 36 sen or 5.6% to a low of RM6.05 on Wednesday on news
that the contractors for the klia2 had difficulty meeting the June 28
deadline.
The fall in share price could be related to the profit
taking on the broader market and blue chips after the surge over the
past two days, where the FBM KLCI rallied 82 points or 4.8% gains over
the past two days.
At 3.13pm, MAHB was down 20 sen to RM6.21. There were 1.99 million shares traded at prices ranging from RM6.05 to RM6.42.
The
FBM KLCI fell 2.87 points to 1,773.86. Turnover was 1.44 billion shares
valued at RM1.81bil. There were 325 gainers, 421 losers and 260
counters unchanged.
MAHB said the board, had at its meeting on
Tuesday, was of the view that the contractors for klia2 may have
difficulty in meeting the June 28 deadline, despite the commitment given
by the contractors.
MAHB had said it would meet the contractors again soon to confirm the ability of the contractors to meet the deadline.
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