KUALA LUMPUR (Dec 22): P.A. Resources Bhd shares fell as much as one sen or 18% to 4.5 sen after the company's new rights shares and free warrants started trading today.

Yesterday, P.A. Resources said the 757.23 million new shares and an equal number of free warrants under the aluminium profile extruder's rights issue would be listed today.

At 10:47am today, P.A. Resources shares were traded at five sen with some 30 million units transacted. PA warrants, traded under short name PA-WB, rose 1.5 sen to two sen with about 58 million units changing hands.

PA-WB was Bursa Malaysia's most active entity while P.A. Resources shares were the third-most active.