K-One’s market value halved, warrants down 54%

PETALING JAYA: K-One Technology Bhd, an ACE Market-listed company that stands out for the large number of institutional funds listed as its shareholders, has shaved off more than half of its market value over the last five trading days. The stock has suffered a 50.4% drop between May 27 and June 3 to close at 31 sen yesterday.

K-One warrants, meanwhile, are down 54.29% over the same period to last trade at 17.5 sen.