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VTI Vintage falls on delisting report

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VTI Vintage falls on delisting report Empty VTI Vintage falls on delisting report

Post by hlk Tue 03 Apr 2012, 11:09

VTI Vintage Bhd, a construction company, declined 10 percent to 4.5 sen in Kuala Lumpur trading at 9.27am, poised for its lowest close since Sept. 27.

The company's regularization plan was rejected by the stock exchange, according to an exchange filing.

Its shares will be suspended from April 10 and delisted on May 4 if there is no appeal submitted against the regulator's decision, VTI said. -- Bloomberg
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