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Monday, January 10, 2011

Ancom Logistic to resume trading Tuesday (Edge)

Ancom Logistic Bhd will resume trading from 9am on Tuesday, Jan 11 following the completion of its regularisation plan.

A Bursa Malaysia Securities circular said on Monday, Jan 10 with the completion of the corporate exercise, Ancom Logistic no longer triggered any of the criteria under Paragraph 2.1 of Guidance Note 3 of the ACE Market Listing Requirements.

It added the company's additional 209.50 million new shares issued following the acquisition of the entire stake in Synergy Translinik Sdn Bhd would be listed on Tuesday.

It also said Ancom Logistic's securities would be reclassified from TECHNOLOGY [] sector to Trading/Services sector. The Stock Code and Stock Short Name of ANCOMLB's securities remain unchanged.

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