Stone Master slumps ahead of suspension, de-listing

TheEdge Thu, Mar 28, 2019 09:36am - 5 years View Original


KUALA LUMPUR (March 28): Stone Master Corp Bhd shares slumped this morning after it was a letter of suspension and delisting of its securities from Bursa Securities, after the regulator rejected its application for more time to submit a regularisation plan.

At 9.19am, Stone Master fell 61.91% or 6.5 sen to 4 se with 329,400 shares traded.

In an exchange filing today, Stone Master said the the securities of the company will be suspended on April 4 and then de-listed on April 8 — unless an appeal against the de-listing is submitted to Bursa Securities on or before April 3.

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