KUALA LUMPUR, May 10 — Serba Dinamik’s share price plunged by close to 70 per cent when trade resumed after a prolonged suspension yesterday as investors rushed to dump stocks of the troubled oil and gas firm accused of forging its revenue report.
“Investors must also look at whether there will be a white knight to save Serba Dinamik from its current condition,” said Vincent Lau, Rakuten Trade head of equity sales. Proprietary day trading and intraday short selling of Serba Dinamik’s shares were suspended yesterday.
“The market is always right”.
The market has spoken and it doesnt like what it sees
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