KUALA LUMPUR: Shares of Pharmaniaga fell in early trade on Thursday, March 4 after its manufacturing licence was revoked following a routine audit carried out by the Health Ministry.

At 9.15am, it was down eight sen to RM4.38 with 20,000 shares done.

The FBM KLCI was up just 0.62 of a point to 1,286.72. Turnover was 54.67 million shares valued at RM38 million. There were 100 gainers, 54 losers and 91 stocks unchanged.

Pharmaniaga had said manufacturing accounted for 10% of revenue and was taking necessary steps to have its licence reissued.