KUALA LUMPUR (Aug 6): Heineken Malaysia Bhd (KL:HEIM) fell on Thursday to its lowest in more than two years as analysts slashed their forecasts after a weaker than expected quarter.
Shares of the Dutch multinational brewer’s locally listed unit fell as much as 80 sen or over 4% to RM18.30, a level last seen in December 2023. Based on that price, Heineken Malaysia had a market capitalisation of RM5.5 billion.