TNB to suspend trading of its shares tomorrow
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TNB to suspend trading of its shares tomorrow
TNB to suspend trading of its shares tomorrow
By Chen Shaua Fui / theedgemarkets.com | December 7, 2015 : 6:02 PM MYTKUALA LUMPUR (Dec 7): Trading in the securities of Malaysia’s largest utility company, [size=16]Tenaga Nasional Bhd ([You must be registered and logged in to see this image.]Valuation: 1.20, Fundamental: 1.30), will be suspended tomorrow (Dec 8), pending a material announcement.
In a filing to the Bursa Malaysia today, TNB said it had requested for the trading in its shares to be suspended from 9am.
Accordingly, trading in structured warrants relating to TNB, will also be suspended at the same time, it added.
Shares in TNB closed at 6 sen or 0.45% higher at RM13.46 today, for a market capitalisation of RM76.19 billion.
(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.)
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