<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 14): The newest addition to the ACE market, Securemetric Bhd — a digital security products and solutions provider, dropped 1.87% this morning after it was listed on Bursa Malaysia yesterday.</p></div>

<div class=newsTextDataWrapInner><p>At 11.11am today, Securemetric fell 1 sen to 52.5 sen with 53.53 million shares traded and was the most actively traded stock.</p></div>

<div class=newsTextDataWrapInner><p>TA Securities Analyst Wilson Loo said it is normal to see a market correction.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Securemetric had a strong opening price yesterday. I don't think there is a (particular) reason for the price to drop," he said while giving the fair value of 31 sen.</p></div>

<div class=newsTextDataWrapInner><p>Yesterday, the stock opened at an 80% premium at 45 sen from its initial public offering offer price of 25 sen, then it more than doubled to close at 53.5 sen with 151.45 million units transacted. It was also the most actively traded counter. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>This gives the company a market value of RM94 million.</p></div>


KUALA LUMPUR (Nov 14): The newest addition to the ACE market, Securemetric Bhd — a digital security products and solutions provider, dropped 1.87% this morning after it was listed on Bursa Malaysia yesterday.

At 11.11am today, Securemetric fell 1 sen to 52.5 sen with 53.53 million share...

Securemetric active, falls 1.87% on correction

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Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

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Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

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<p>A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.</p>


<p>A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.</p>


<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


<p>Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


<p>Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...