Trading of Tanco shares suspended pending material announcement
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Trading of Tanco shares suspended pending material announcement
Trading of Tanco shares suspended pending material announcement
By Yimie Yong / theedgemarkets.com | July 14, 2016 : 6:38 PM MYTKUALA LUMPUR (July 14): Trading in shares of loss-making Tanco Holdings Bhd has been suspended this afternoon, pending a material announcement.
In a filing today, Tanco said Bursa Malaysia has approved the company’s request for a suspension of trading of its securities from 2.35 p.m. to 5 p.m.
Tanco is involved in property development and management, as well as resorts and club operation.
Its shares were traded at 7 sen before suspension, for a market capitalisation of RM23.44 million.
Year-to-date, the counter has fallen more than 46%.
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