Bursa Securities queries IFCA MSC after price surge


KUALA LUMPUR: Bursa Malaysia Securities has queried IFCA MSC after its shares and warrants surged on Monday on expectations it would be the biggest beneficiary when the Goods and Services Tax (GST) is enforced for the property sector.

At the close, the ACE Market listed company's share price hadjumped 8.5 sen to 35 sen with 138.87 million shares done. Its warrants rose seven sen to 27.5 sen with 108.74 million units traded.

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