Monday, June 28, 2010

#Flash* Trading in BCorp securities halted for an hour

KUALA LUMPUR: Trading in the securities of BERJAYA CORPORATION BHD [] has been been halted with effect from 9am on Monday, June 28.

A Bursa Securities circular said on Monday trading would resume from 10am.

The trading halt followed its announcement that it had decided to call off its plan to acquire a 70% stake in Ascot Sports Sdn Bhd.

The decision to abort the acquisition came after the government decided not to re-issue the sports betting licence to Ascot.


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