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发表于 24-10-2008 01:19 PM
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新闻。
IOI shares plunge
Published: 2008/10/24
The 14 per cent fall shaves RM2.5 billion off the company’s market value
IOI Corp, Malaysia’s second-biggest palm oil producer, plunged 14 per cent in Kuala Lumpur trading on speculation a senior finance executive quit and the company incurred foreign exchange losses.
Shares of IOI tumbled 41 sen to RM2.61 at the 12.30 pm local time break, set for their biggest decline since September 8 and the lowest level since February 2006.
The decline shaved RM2.5 billion off the company’s market value, and made the stock the worst performer on the benchmark Composite Index.
“There’s some rumours of currency losses and that an executive needed to take responsibility for it,” said Ang Kok Heng, who manages US$156 million as chief investment officer at Phillip Capital Management in Kuala Lumpur.
IOI executive director Lee Yeow Chor didn’t immediately return a message left at his office or a voice mail on his mobile phone. - Bloomberg
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