KUALA LUMPUR: MMAG Holdings Bhd was the most actively traded stock in early trade on Thursday after restrictions imposed on its bank accounts have been lifted.
At the midday break, the company’s share price rose 12.5 per cent or half a sen to 4.5 sen with more than 356 million shares traded.
The stock opened flat at four sen and rose as much as 25 per cent to hit an intraday high of five sen.
At its current share price, MMAG’s market value stood at RM87.04 million. On a year-to-date basis, the stock has dropped 35.7 per cent.
MMAG announced on Wednesday that the restrictions imposed on certain bank accounts belonging to the company and its subsidiaries under the Anti-Money Laundering Act (AMLA) have been lifted.
In a filing with Bursa Malaysia, the company said the affected accounts are no longer subject to restrictions previously imposed by the Royal Malaysia Police’s Anti-Money Laundering Investigation Team.
The development follows the group’s earlier announcements on March 10 and March 17, 2026, concerning the freezing of the accounts.