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Hot Stock Sumatec active, up after removal from PN17 list
by Cals Tue 02 Sep 2014, 09:39
| Hot Stock Sumatec active, up after removal from PN17 list |
| Business & Markets 2014 |
| Written by Surin Murugiah of theedgemalaysia.com |
| Tuesday, 02 September 2014 09:12 KUALA LUMPUR (Sept 2): Sumatec Resources Bhd shares were the most actively trade and were up in early trade on Tuesday after it was removed from the the Practice Note 17 (PN17) category. At 9.03am, Sumatec rose 3.5 sen to 50 sen with 33.79 million shares done. In a statement Tuesday, Bursa Malaysia Securities said Sumatec had regularised its financial condition and level of operation, and thus removed from the PN17 list. In a statement Tuesday, Bursa Malaysia Securities emphasised that it would continue to monitor the progress of PN17 companies in respect of their compliance with the Listing Requirements. |
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