Metronic up 10% after largest shareholder requests special audit

Metronic up 10% after largest shareholder requests special audit

The Edge Markets - Malaysia·2019-10-16 11:04

KUALA LUMPUR (Oct 16): Shares in Metronic Global Bhd rose 10% at mid-morning today after its largest shareholder Tan Sri Lee Kim Yew asked the company to appoint an independent auditor to conduct a special audit on the corporate activities exercised this year, which comprises an executives' share option scheme (Esos), a joint venture and a proposed private placement, as well as the company's cash flow position.

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