What's 12 Minute to you? A Breakfast? A session of your "Cheong"?(Sorry bro) or RM 1.47 Billion lost of orderbook & cashflow?7/01/09 is the day when WCT, 9679 Company's shares hit limit down in the early morning! Suspended at 9.12am yesterday! Yes ! Is 12 Min needed to cut down your company's capital by nearly 30%.
The main reason is WCT has been forced to withdraw from the Rm 4.6 Billion Nad Al Sheba Dubai Race course project.
This move may result in a loss of approximately Rm 1.5 Billion of company's cashflow!
To date, WCT trade at Rm 1.140.
No comments:
Post a Comment