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Trading suspended for Heng Yuen Refining after share price plunges 15pc
A view of the bursa stock market exchange board in RHB Investment Bank in Kuala Lumpur May 14, 2018. u00e2u20acu201d Picture by Razak Ghazali

KUALA LUMPUR, May 22 — The proprietary day trading (PDT) and intra-day short-selling (IDSS) for refiner Heng Yuen Refining Company Berhad was suspended by Bursa Malaysia this morning after its share price slid by 15 per cent in early trade today.

Bursa announced that the PDT and IDSS for the company will only resume at 8.30am tomorrow.

At 9.11am, Hengyuan had fallen 83 sen to RM7.46. There were 1.10 million shares done.

Hengyuan reported weaker earnings in the first quarter ended March 31, 2018 at RM86.8 million compared with RM279.5 million a year ago.

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