KUALA LUMPUR: Shares in Eversendai Corp Bhd
fell over 2% in the early trade Monday following news that tycoon Koon Yew Yin has ceased to be a substantial shareholder.
The steel structure specialist fell 2.75%, or 1.5 sen to 53 sen with over 2.3 million shares traded. The counter is currently trading at a P/E ratio of about 5.9 times. In the past one year, the counter has fallen some 24%.
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