LAYHONG-WA : Good Instrument to Participate Recovery of Share Price

Written by Editor

The share price of Lay Hong Berhad has been falling since the early part of July this year when it dropped from above 90 sen to just under 60 sen in late August.  Lay Hong’s share price fell further to as low as 52 sen on 29 August, the day after the company announced a poor set of first quarter result for the period ending 30 June 2018.  The share price has since staged a rebound to end at 65.5 sen on 7 September before the long holiday break. Lay Hong’s company warrant (LAYHONG-WA) ended trading the same day at 27.5 sen.

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