Stock suspension Daya Materials suspends trading on acquisition, fund raising
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Stock suspension Daya Materials suspends trading on acquisition, fund raising
Stock suspension Daya Materials suspends trading on acquisition, fund raising |
Business & Markets 2014 |
Written by Shalini Kumar of theedgemalaysia.com |
Friday, 22 August 2014 15:18 KUALA LUMPUR (Aug 22): Daya Materials Bhd has suspended the trading of its stock from 2.30 pm this afternoon, pending a material announcement. "The company is expected to undertake a very substantial acquisition, as well as fund raising exercise to part finance the said acquisition," it said in a filing with Bursa Malaysia. Daya Materials was last traded at 31.5 sen, with 4.06 million shares done. |
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