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Quick take: Pegasus Heights active, up 50% in early trade

KUALA LUMPUR: Pegasus Heights Bhd is the second most actively traded counter on Bursa Malaysia in early trade Thursday.

The counter jumped 50%, or one sen to three sen with 53 million shares traded. In the past one year, Pegasus has fallen some 28.5%.

The company has not made any corporate announcements recently apart from changes in its director’s interest and the resignation of one of its executive directors.

In the financial year ended Dec 31, 2018, Pegasus posted a net loss of RM22.83mil against a net loss of RM3.78mil posted in the same period a year earlier.

Its revenue for the full year rose to RM10.17mil compared with RM7.74mil a year ago

Source : TheStar