Teliti International's share price plunged on Tuesday after the Malaysian information technology services provider issued a profit warning and another delay in the opening of its data centre.
The opening date of the data centre, being built on the outskirts of Kuala Lumpur, had already been pushed back by three months to July, and now, because of delayed payments by the company's debt provider to its contractors, the centre is not expected to be operational until the first quarter of 2013, even though the building itself is set to be completed in July.
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