The share price of Ekovest Berhad and its warrant (EKOVEST-WB) surged in the middle of last week driven by market optimism over the possible revival of mega projects as Malaysia and China reached agreement to revive the East Coast Rail Link at a reduced cost of RM44 billion. The share price of Ekovest rose to as high as 67.5 sen on 11th April 2019 before retreating to close at 57.5 sen on 16thApril. The company warrant closed at 10.5 sen on 16th April after surging to as high as 19.5 sen a few days ago.
To read the rest of the article, you must Login