Corporate News – Market Overview
Ocr Berhad (7071.KL)
On Thursday 22 October, Ocr Berhad closed its trading session unchanged, recording a 0 % movement over the 24‑hour period ending at 02:33 PM Central Europe time. The share price remains steady at MYR 0.05 on the most frequented exchanges. With a circulating supply of 3.3 billion shares, the company’s market capitalisation stands at MYR 167 million. In the last 24 hours, approximately MYR 181.2 k worth of Ocr Berhad shares were transacted, a figure that mirrors its flat performance since the previous month‑end.
Key technical indicators for the stock are equally level: the 200‑day simple moving average is at MYR 0.05, the same as the current trading price. The highest price achieved in the past 52 weeks was also MYR 0.05 on 21 October 2026, while the 52‑week low of MYR 0.03 was recorded on the same date. These data points suggest a period of consolidation for the stock, with limited upward or downward momentum.
Performance of Peer Shares
The trading activity of several related companies during the same 24‑hour window illustrates a mixed landscape:
| Symbol | Trade % | Current Price | Market Capitalisation | P/E Ratio |
|---|---|---|---|---|
| Mk Land Bhd (8893.KL) | 0 % | MYR 0.16 | MYR 199.2 million | 19.51 |
| Petra Energy Bhd (5133.KL) | –1.59 % | MYR 0.66 | MYR 199.5 million | – |
| Avaland Bhd (5182.KL) | –6.9 % | MYR 0.14 | MYR 196.7 million | 3.55 |
| Eca Integrated Solution Bhd (0267.KL) | +8.96 % | MYR 0.34 | MYR 194 million | – |
| Eonmetall Bhd (7217.KL) | +1.14 % | MYR 0.44 | MYR 199.6 million | – |
Notably, Eca Integrated Solution Bhd and Eonmetall Bhd posted gains of 8.96 % and 1.14 %, respectively, while Avaland Bhd experienced the most significant decline at –6.9 %. Petra Energy Bhd and Mk Land Bhd remained largely unchanged or slipped marginally.
Eonmetall Bhd – Upcoming Delisting
Eonmetall Bhd announced a forthcoming suspension of trading on Bursa Malaysia’s Main Market, effective 9 am on Wednesday, 4 November 2026. The suspension will persist until the completion of a selective capital reduction and subsequent delisting. Shareholders, except for certain named entities, will receive cash consideration for their holdings, to be paid shortly after the entitlement date. The last trading day on the Main Market will therefore be the preceding Tuesday, marking the final opportunity for investors to transact before the suspension takes effect.
These developments highlight the stability of Ocr Berhad amid a broader market that presents both modest gains and modest declines across its peers. Investors should monitor the forthcoming Eonmetall delisting and the technical levels around MYR 0.05, which appear to serve as a critical support zone for Ocr Berhad in the near term.