Masteel shares suspended for failing to submit audited accounts

PETALING JAYA: Trading in Malaysia Steel Works (KL) Bhd (Masteel) shares will be suspended today following the company’s failure to submit its annual audited accounts for the financial year ended Dec 31, 2014 (FY14).

Despite the suspension, investor sentiment toward the stock was not affected yesterday as Masteel shares closed half-a-sen higher at 62 sen.