Stock Track | CNMC Goldmine Plummets 6.42% Intraday After Malaysian Unit Hit with S$9.4 Million Tax Penalty

Stock Track

Dec 22

CNMC Goldmine's stock (5TP.SI) plummeted 6.42% during the intraday session on Monday, following news that its Malaysian unit was slapped with an additional income tax and penalty of RM29.6 million (S$9.4 million) by the Inland Revenue Board of Malaysia for the assessment years 2019 to 2024.

The Catalist-listed gold-mining company announced on Friday that it intends to file an appeal against the penalty. However, investors reacted negatively to the news, likely due to concerns over the financial impact of the penalty on the company's operations and profitability.

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However, investors reacted negatively to the news, likely due to concerns over the financial impact of the penalty on the company's operations and profitability.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5TP.SI","symbol_name":"中色金矿","start_time":0,"source_url":"","article_id":"1196229853","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1196229853","pubTimestamp":1766365582,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"CNMC Goldmine's stock (5TP.SI) plummeted 6.42% during the intraday session on Monday, following news that its Malaysian unit was slapped with an additional income tax and penalty of RM29.6 million...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"5TP.SI":"中色金矿"},"translate_title":"个股轨迹|马来西亚子公司遭940万新元税务处罚后中色金矿盘中暴跌6.42%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5TP.SI":1},"content_text":"CNMC Goldmine's stock (5TP.SI) plummeted 6.42% during the intraday session on Monday, following news that its Malaysian unit was slapped with an additional income tax and penalty of RM29.6 million (S$9.4 million) by the Inland Revenue Board of Malaysia for the assessment years 2019 to 2024.The Catalist-listed gold-mining company announced on Friday that it intends to file an appeal against the penalty. 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