Sarawak Cable Bhd said trading in its shares will be suspended from Nov 18, ahead of the court hearing of an application to place the company under judicial management (JM). The suspension, which would include the transfer of shares, will be lifted if the court does not grant the JM order at the hearing on Nov 20, the company said in a bourse filing on Friday. "Otherwise, the trading suspension and transfer suspension will remain until the expiry of the JM order as may be granted by the Kuala Lumpur High Court," it added. Sarawak Cable noted that all trades conducted prior to the trading suspension on Nov 18 will continue to be cleared and settled. (The Edge)
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Sarawak Cable Bhd said trading in its shares will be suspended from Nov 18, ahead of the court hearing of an application to place the company under judicial management (JM). The suspension, which would include the transfer of shares, will be lifted if the court does not grant the JM order at the hearing on Nov 20, the company said in a bourse filing on Friday. "Otherwise, the trading suspension and transfer suspension will remain until the expiry of the JM order as may be granted by the Kuala Lumpur High Court," it added. Sarawak Cable noted that all trades conducted prior to the trading suspension on Nov 18 will continue to be cleared and settled. (The Edge)
ayoyo... delisted lah lepas ni...