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Overvalued DSONIC-CA Warrants Caution

The structured call warrant of Datasonic Group Berhad (DSONIC) attracted attention for the wrong reason recently when Bursa Malaysia issued an announcement advising investors to exercise caution and to make informed decisions in the trading of DSONIC and DSONIC-CA after sharp rise in the share price of DSONIC and volatility in DSONIC-CA. The Exchange added that it will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of DSONIC and DSONIC-CA.

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