Toyo Ventures' shares extend fall on termination of Vietnam power plant project

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The story "Toyo Ventures&#039; shares extend fall on termination of Vietnam power plant project" was covered 2 days ago by The Star, a news publisher based in Malaysia.

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The Star 2d ago

Toyo Ventures' shares extend fall on termination of Vietnam power plant project - The Star

Quick Summary:

KUALA LUMPUR: Shares in Toyo Ventures Holdings Bhd extended their losses from the previous session, slumping 16.5% in early Friday trade on news its power plant project in Vietnam had been terminated.

At 10am, the share price of the premium printing ink and masterbatch for packaging industry player was 17 sen lower at 89 sen a share after 14.17 million shares changed hands.

However, SH2P still had not remedied the financial arrangement for the project, which resulted in the effective termination of the build-operate-transfer (BOT) contract for the project by MOIT.