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SHARES of Oilcorp Bhd, an oil and gas engineering services provider, dropped 28.3 per cent yesterday, its biggest decline in almost two years, after it was classified a Practice Note 17 (PN17) company by Bursa Malaysia.
Oilcorp said it will appoint a principal advisor to develop a formal regularisation plan.
Its shares closed at 19 sen, with more than 59.2 …