If you look at the top volume counters that traded in Bursa Malaysia, you’ll notice majority of the counter are from penny stock counter.
Some of the them includes Ingens, Nicorp, AWC, KPSCB, Asuprem and etc as at today.
Pennies and speculative stock like Metronic Global Bhd (Metronic) and Ariantec Global Bhd (AGlobal), which makes the headline last month after it involved significant price and volume movements.
Dormant Account is an inactive account that don’t have any activity(deposit or withdrawal) for past 12 months period.
I just got a reminder from Hong Leong Bank on my saving account for Dormant Account.
It stated that my balances of RMXX.22 will be entitle for RM10 deduction for every dormant account until the remaining balances in the said account are sent to the Unclaimed Moneys as per the Unclaimed Moneys Act 1965.
Recently YTL Communications launched a new postpaid plans called Yes Unlimited Super Postpaid Plans, which is claimed to be the fastest 4G mobile Internet service with voice in Malaysia.
According to YTL Communications chief executive officer, Wing K. Lee, since it was launched in November 2010, the Yes 4G mobile broadband service is now available in over 70% of populated areas in peninsular Malaysia. The number of base stations was doubled from 1,200 to 2,200. It was reported that YTL’s mobile broadband network segment is still loss-making in terms of earnings due to start-up and fixed operating costs.
