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CN Asia hits limit-down as investors worry about RM400m investment - Vimarsana News

CN Asia hits limit-down as investors worry about RM400m investment

10:47 AM MYT The 52.8% plunge in CN Asia's share price or RM1.31 over the past two trading days saw RM71.9mil erased from its market capitalisation. KUALA LUMPUR: CN Asia saw its share prices tumble by 52.8% over the past two trading days to a low of RM1.17 on Monday as investors grew concerned about its venture into digital banking especially the RM400mil investment which it entailed. Share price of the engineering services company hit limit-down to RM1.17 early Monday from a high of RM2.48 last Thursday (Jan 7) before the announcement was made on that day. Also last Thursday, it traded betw...

Taiwanese adopt 5G faster than expected: telecoms - Vimarsana News

Taiwanese adopt 5G faster than expected: telecoms

Taiwanese adopt 5G faster than expected: telecoms Staff writer, with CNA Less than six months after the launch of 5G services, the number of users in Taiwan has surpassed 1 million, statistics released by the nation’s telecoms showed. Taiwan in June issued its first 5G license to Chunghwa Telecom Co (中華電信), and the company started its services in July. Four other telecoms — Far EasTone Telecommunications Co (遠傳電信), Taiwan Mobile Co (台灣大哥大), Taiwan Star Telecom Corp (台灣之星) and Asia Pacific Telecom Co (亞太電信) — soon followed suit to start 5G serv...