<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 14): Bursa Malaysia has suspended the intraday short selling (IDSS) on JF Technology Bhd (JF Tech) for the rest of Tuesday, after the stock dropped more than 15% or five sen from its reference price.</p></div>

<div class=newsTextDataWrapInner><p>The local stock exchange said on Tuesday that IDSS will only be re-activated for JF Tech, a manufacturer of high-performance test contacting solutions for global integrated circuit (IC) makers, at 8.30am on Wednesday (Nov 15).</p></div>

<div class=newsTextDataWrapInner><p>JF Tech dropped as much as 16% or 18.5 sen to an intraday low of 96.5 sen on Tuesday, before paring some losses to trade at RM1.03 at 4:17pm — still down 12 sen or 10.4%, valuing it at RM954.87 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The counter has gone through a rollercoaster ride since September, when it climbed a sharp 26% that month, before dropping 7.3% in October.</p></div>

<div class="mt-3  imgw-300 embed-right"><a class="mobx embedimg-icon" data-rel="ceolightbox" href="//assets.theedgemarkets.com/pics/2023/jf-technology-bhd-price-closing-5pm-Tues14112023.png"><img alt="" src="https://assets.theedgemarkets.com/pics/2023/jf-technology-bhd-price-closing-5pm-Tues14112023.png" /></a></div>

<div class=newsTextDataWrapInner><p>Prior to its steep decline on Tuesday, the stock recorded a gain of 14% from the start of this month till last Friday (Nov 10).</p></div>

<div class=newsTextDataWrapInner><p>Earlier on Tuesday, JF Tech announced that it had formed a joint venture (JV) with Shenzhen HFC Co Ltd to engage in activities that include the design and manufacture of electromagnetic interference (EMI) shielding materials, thermal interface and absorbing materials.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/689910" target="_blank">JF Tech&nbsp;in JV with Shenzhen HFC in bid to become one-stop solution provider</a></em></p></div>


KUALA LUMPUR (Nov 14): Bursa Malaysia has suspended the intraday short selling (IDSS) on JF Technology Bhd (JF Tech) for the rest of Tuesday, after the stock dropped more than 15% or five sen from its reference price.

Bursa suspends JF Tech’s intraday short selling after over 15% share price drop

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<p>Asian stocks rallied with US equity futures on Monday, while the dollar retreated against rivals as bond yields slid following the selection of fund manager Scott Bessent as the next US Treasury secretary, with investors expecting he will be a voice for markets in Washington.</p>


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<p>The submission of the Real Property Gains Tax (RPGT) Form electronically via e-CKHT on the MyTax portal will be mandatory starting Jan 1, 2025.</p>


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<p>Sarawak is set to finalise the sale and purchase agreement for MASwings, a subsidiary regional airline of Malaysia Aviation Group (MAG), by next month, said Premier Tan Sri Abang Johari Tun Openg.</p>


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<p>Parties will submit further on Wednesday (Nov 27) on whether former prime minister Datuk Seri Najib Razak and former Treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah should be granted a discharge not amounting to an acquittal (DNAA) in their criminal trial regarding International Petroleum Investment Co (IPIC).</p>


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<p>The US is using Taiwan to provoke a serious crisis in Asia, Russian Deputy Foreign Minister Andrei Rudenko told <em>TASS</em> news agency in remarks published on Sunday, reiterating Moscow's backing of China's stance on Taiwan.</p>


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<p>TMK Chemical Bhd, set to list on Bursa Malaysia's Main Market in December,&nbsp;plans to double its annual manufacturing capacity, with its second plant funded by the initial public offering (IPO) proceeds.</p>


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<p>Sarawak Plantation Bhd (KL:SWKPLNT) is expected to see a strong performance in the fourth quarter ending Dec 31, 2024 (4QFY2024) on the back of rising crude palm oil (CPO) prices and operational improvements, said analysts.</p>


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