Sersol shares fall on profit-taking
KUALA LUMPUR: Sersol Bhd's shares slipped yesterday on profit-taking after a steep rise lately.
The stock, listed on Bursa Malaysia's ACE Market, fell 26.7 per cent, or 27 sen, to 74 sen from RM1.01 last Friday.
Its warrants were traded at 53 sen, down 30 per cent from the preceding trading day. The two had a combined turnover of 47.6 million units.
Sersol hogged the limelight recently after a couple of corporate personalities joined the company.
On September 2, it appointed Mohamed Ridzuan Nor Md, the son of Khazanah Nasional Bhd executive exco chairman Tan Sri Nor Mohamed Yakcop, as managing director.
Last Thursday, Mohd Nazifuddin Mohd Najib, the son of Prime Minister Datuk Seri Najib Razak, emerged as a controlling shareholder.
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