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Gamuda to suspend trading tomorrow pending announcement

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Gamuda to suspend trading tomorrow pending announcement Empty Gamuda to suspend trading tomorrow pending announcement

Post by Cals Thu 13 Aug 2015, 20:27

Gamuda to suspend trading tomorrow pending announcement




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By theedgemarkets.com / theedgemarkets.com   | August 13, 2015 : 5:52 PM MYT   

KUALA LUMPUR (Aug 13): [size=14]Gamuda Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) has requested for a suspension of trading of its securities tomorrow (Aug 14) pending a material announcement.


Trading in its structured warrants will be suspended at the same time. 

In a filing with Bursa Malaysia today, Gamuda said the request for suspension is made under subparagraph 3.1(b)(v) of Practice Note No. 2 on requests for suspension of the Main Market listing requirements of Bursa Securities ([You must be registered and logged in to see this image.] Financial Dashboard).

Gamuda (fundamental: 1.8; valuation: 2) shares closed up 0.69% at RM4.35 today, bringing a market capitalisation of RM10.51 billion.

[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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Cals
Cals
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Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
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