Y Ventures shares continue to sink; price has halved since damaging revelation

Singapore

ONE week on following a shocking announcement of accounting errors, the share price of Catalist-listed Y Ventures has not stopped crashing.

On Monday, it fell as much as 22 per cent before coming off the low to end the day down S$0.019 or 15.8 per cent at S$0.101 on turnover of about 532,300 shares. The stock price has nearly halved since the company disclosed on Jan 21 that accounting errors were discovered in its H1 2018 financial statements, which were made public in August 2018.