KUALA LUMPUR (Nov 23): SUMATEC RESOURCES BHD [], whose securities had risen in very active trade recently, clarified on Wednesday that there was no injection of oil and gas assets into the company.
However, it said that it was 'in the midst of negotiation with the prospective investor on the regularisation plan'.
Sumatec closed three sen higher to 31 sen with 77.82 million shares done while the warrants edged up one sen to 17 sen with 55.29 million units transacted.
However, it said that it was 'in the midst of negotiation with the prospective investor on the regularisation plan'.
Sumatec closed three sen higher to 31 sen with 77.82 million shares done while the warrants edged up one sen to 17 sen with 55.29 million units transacted.
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