KUALA LUMPUR: Short-selling of Yew Lee Pacific Group Bhd
's trading stock has been suspended for the remainder of the day following a plunge in its share price, said Bursa Malaysia.
Shares in the indusrial brush and machinery manufacturer hit a low of 50 sen a share in morning trade, representing an 18.5 sen or 37% dive from its previous closing price of 68.5 sen.
As at 11.15am, Yew Lee was trading at 51 sen a share after 7.37 million units changed hands.
The stock exchange operator suspended the intraday short-selling (IDSS) of the security as the last done price dropped more than 15 sen from the reference price.
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