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Small-cap selling resumes with Rapid Synergy, YNH leading the way

PETALING JAYA: The respite for small-cap stocks battered by the sell-off in recent weeks appears to have been short-lived as some of the worst-hit counters have again come under selling pressure today.

Three counters hit limit down during trading

Rapid Synergy Bhd, YNH Property Bhd and Sarawak Consolidated Industries Bhd (SCIB) hit limit down in yesterday’s trading, joining almost 800 counters, which closed in the red on Bursa Malaysia.

Seven consortia present proposals for KL-S pore HSR

PETALING JAYA: Seven local and international consortia submitted their concept proposals to build the Malaysia-Singapore high-speed rail (HSR), days after Japanese companies reportedly opted out of the project for being “too risky”.

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