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Barakah share trading suspended pending “material contract” announcement

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Barakah share trading suspended pending “material contract” announcement

Post by Cals Fri 13 Dec 2013, 17:23

Barakah share trading suspended pending “material contract” announcement
Business & Markets 2013
Written by Ho Wah Foon of theedgemalaysia.com
Friday, 13 December 2013 14:40

KUALA LUMPUR (Dec 13): Barakah Offshore Petroleum Bhd has suspended the trading of its shares before noon today ahead of a major announcement.

In an announcement to the stock exchange, Barakah said: “The request for suspension was made under paragraph 3.1(c) of Practice Note 2 of the Main Market Listing Requirements of Bursa Securities, in view of the pending release of an announcement relating to a material contract award.”

Barakah was last traded at RM1.56, up two sen.

Cals: Administrator; Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : â€œMy plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

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