Top 40 richest in Malaysia: 16-20 - Business News - News Summed Up

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Top 40 richest in Malaysia: 16-20 - Business News


At the end of 2016, Silverlake had a market capitalisation of S$1.43bil and a share price of 53 sen a share. The fallout in the company’s share price soon dissipated and with Silverlake’s share price stabilised, the company soon got on with concentrating on growing its business. During the year, the share price of MOL fell 78% to US 15 cents from US 69 cents. But the volatility in the global currencies, especially the ringgit and the US dollar, has a big influence on the share price of the stock. But in 2016, Top Glove’s share price dropped 21% from RM6.80 to RM5.35, trimming Lim’s wealth by 22.7%.


Source: The Star February 03, 2017 22:52 UTC



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