Kronologi Asia Berhad (0176.KL) shares closed at MYR 0.15 (+19.23%) on May 13, continuing a sharp three-day rally driven by speculative momentum.
- The stock has surged from MYR 0.10 on May 11, showing strong gains that are currently uncorrelated with broader market declines caused by inflation and geopolitics.
- No new material events were reported on May 13, though the company recently noted a Q4FY25 net loss of RM240.75 million due to a one-off impairment.