PETALING JAYA: The suspension of trading in Pos Malaysia & Services Holdings Bhd shares and the company's announcement of a proposed restructuring and capital repayment yesterday has gotten the investing fraternity abuzz with talk.
In an announcement to Bursa Malaysia, Pos Malaysia said it had received a request from its single largest shareholder, Khazanah Nasional Bhd, to suspend trading and consider a proposal by Khazanah involving a restructuring of the Pos Malaysia group and a cash repayment to shareholders.