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Stock suspension Daya Materials suspends trading on acquisition, fund raising

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Stock suspension Daya Materials suspends trading on acquisition, fund raising Empty Stock suspension Daya Materials suspends trading on acquisition, fund raising

Post by Cals Mon 25 Aug 2014, 03:27

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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