Wintoni share trading to be suspended


KUALA LUMPUR: Trading in Wintoni Group Bhd shares will be suspended from Tuesday next week, following the company’s failure to submit its quarterly report for the period ended Sept 30 on time.

Wintoni, which designs industrial automation systems and offers mobile platform services, was supposed to have submitted its third quarter (Q3) results by Nov 30, pursuant to Bursa Securities’ Ace Market listing requirements, it told Bursa Malaysia on Wednesday.

In an announcement a week earlier, Wintoni had said it was unable to submit the report on time due to the loss of data following the recent break-in at its office and more time being required for it to seek third party opinions on the Q3 results.

The company said it expected to submit the Q3 results to Bursa Securities by end of this month.

In the second quarter, Wintoni posted a net loss of RM14.04mil on 81.8% lower year-on-year revenue of RM1.097mil.

Wintoni shares shed 1.5 sen to close at 6.5 sen on Wednesday, with 47.899 million shares transacted.

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