Bursa Malaysia Securities has frozen the upper limit of Seni Jaya Corproration Bhd with effect from Friday. KUALA LUMPUR: Bursa Malaysia Securities has frozen the upper limit of Seni Jaya Corproration Bhd with effect from Friday after its share price hit limit-up for two consecutive days. At the close on Thursday, it was up 31 sen to a record RM1.37. There were 188,400 shares done at prices ranging from RM1.25 to RM1.37. Seni Jaya posted losses of RM1mil in the third quarter ended Sept 30,2020 compared with a net profit of RM502,000 a year ago. For the nine months, its net losses were higher at RM2.06mil compared with net losses of RM192,000 in the previous corresponding period. Its net asset per share was RM1.25. Seni Jaya provides media and production services for both indoor and outdoor advertising. It is also involved in billboard advertising. Amongst the major concessions operated by the company are advertising rights on the 40km Lebuhraya Damansara-Puchong (LDP).
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