Tuesday, July 26, 2011

Trading in Jotech, Autov suspended for announcement

KUALA LUMPUR: Trading in the securities of JOTECH HOLDINGS BHD [] and Autov'' Corporation Bhd has been suspended from 9am on Wednesday, July 27.

The stock exchange said on Tuesday, the suspension was at the request of the company pending an announcement.

The common shareholder in both companies is Goh Tian Chuan who has a 0.49% stake in Autov and 6.48% in Jotech.

Kong Kok Keong is the largest shareholder in Autov with 26.7% or 15.58 million shares while AIC Corp is the second largest with 19.88%.

In Jotech, the shareholding is more fragmented with Liew Cheng York holding 8.59% or 94.85 million shares, Ooi Boon Pin 5.89% and Hiew Yon Fo 5.77%.

Jotech manufactures tools, dies, stamped metal parts and higher precision tooling. Autov manufactures and sell automotive window regulators, automotive electronic horns and auto parts.

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