KUALA LUMPUR: Trading in Maxbiz Corp Bhd shares was suspended from 12.06pm on Thursday, Dec 30 pending an announcement.
It fell 3.5 sen to 20 sen with 39.4m shares done. The suspension will be until 5pm, it said.
On Dec 9, Maxbiz received a letter from Bursa Malaysia Securities Bhd directing it to furnish information to Messrs. Gomez & Co on the full listing of all inventories as at June 30, 2010; the anticipated cash flows of the asset cash-generating units of the group; and a letter of waiver from a creditor.
However, the company said in a recent announcement that Messrs. Gomez & Co. informed the board that they are unable to complete their assignment by Dec 17.
The board had requested from Bursa Malaysia for an extension of one week for Messrs. Gomez & Co. to complete their assignment and submission to Bursa Malaysia thereafter.
It fell 3.5 sen to 20 sen with 39.4m shares done. The suspension will be until 5pm, it said.
On Dec 9, Maxbiz received a letter from Bursa Malaysia Securities Bhd directing it to furnish information to Messrs. Gomez & Co on the full listing of all inventories as at June 30, 2010; the anticipated cash flows of the asset cash-generating units of the group; and a letter of waiver from a creditor.
However, the company said in a recent announcement that Messrs. Gomez & Co. informed the board that they are unable to complete their assignment by Dec 17.
The board had requested from Bursa Malaysia for an extension of one week for Messrs. Gomez & Co. to complete their assignment and submission to Bursa Malaysia thereafter.
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