Vizione share price falls after profit guarantee news
24 Apr 2018 / 13:06 H.
PETALING JAYA: Vizione Holdings Bhd’s share price fell one a sen this morning after it announced that its newly acquired Wira Syukur (M) Sdn Bhd achieved 34.6% of a two-year profit guarantee, in the first financial year.
At noon, its share price was stood at 13 sen with 8.76 million shares traded.
Yesterday, Vizione told Bursa Malaysia that Wira Syukur achieved 34.6% of the guaranteed profit in the financial year ended Dec 31, 2017.
Last year, Vizione bought into Wira Syukur for RM280 million with a profit guarantee of RM82.59 million for two financial years, just ended Dec 31, 2017 and ending Dec 31, 2018.