EFORCE-WA: RM100 mil cash reserves upon expiry

Written by Editor

The share price of Excel Force MSC Berhad has fallen off the cliff ever since the change in government took place last May.  Due to the substantial shareholders of the company being perceived as close to the previous administration, Excel Force share price has plummeted from above RM1.00 to as low as 33.5 sen.  While there were some rebounds and volatilities in the last 12 months, the share price of Excel Force is still hovering around 40 sen as the company warrant EFORCE-WA approaches the last month of its existence.  At the close of trading on 11th June 2019, the mother share and warrant of Excel Force were trading at 41 sen and 4.5 sen respectively.

 

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