Business as usual at Elridge Energy, shares slide on foreign outflow, says CEO - News Summed Up

Business as usual at Elridge Energy, shares slide on foreign outflow, says CEO


It remains business as usual for Elridge Energy,” he said in a statement. Shares in Elridge continued to slide on Monday, falling as much as 18% or 17 sen to 80 sen during intraday trading — their lowest level since Nov 10, 2025. Elridge is 20%-owned by Mikro MSC Bhd (KL:MIKROMB), whose shares also came under selling pressure. Mikro MSC fell as much as 8.75% or 3.5 sen to 36.5 sen in intraday trading before recovering slightly. Regional opportunities in biomass supply and RE development "remains highly compelling", the CEO added.


Source: The Edge Markets March 09, 2026 08:23 UTC



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