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NewsUpdate Hibiscus share trade suspended ahead of corporate update
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Update Hibiscus share trade suspended ahead of corporate update
by Cals Thu 05 Nov 2015, 18:20
- Update
[size=28]Hibiscus share trade suspended ahead of corporate update
By Chong Jin Hun / theedgemarkets.com | November 5, 2015 : 10:15 AM MYTKUALA LUMPUR (Nov 5): Hibiscus Petroleum Bhd ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 1.55)'s share trade has been suspended since 9am today pending an announcement, the company said on Bursa Malaysia's website.
Yesterday, Hibiscus shares rose 2.5 sen or 7% to close at 36.5 sen for a market capitalisation of RM358 million.
The share price compared with Hibiscus' latest reported net assets per share of 55 sen.
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