's share price saw RM2.50bil erased from its market capitalisation after its shares slumped to the lowest in March 2016.The KLCI fell 11.35 points or 0.69% to 1,628.11. Trading volume was 2.42 billion shares valued at RM1.1bil.Khazanah Nasional is the largest shareholder in the power giant at 28.76% or 1.635 billion shares followed by the Employees Provident Fund with 14.05%. Skim Amanah Saham Bumiputera owns 9.10% and KWAP 5.45%.
Vanguard Group Inc disposed of 6.239 million shares on February 28 and reduced its shareholdeing to 2.48% or 149.985 million units. Macquaries Research has an Outperform with a target price (TP0 of RM15.80, AmInvestment Research a Hold and TP of RM13.50.
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