Trading in GPlus suspended

KUALA LUMPUR: Trading in Golden Plus Holdings Bhd shares was voluntarily suspended since 9am Monday after the company was unable to submit its first quarter results for the period ended March 31.

Trading in the shares would resume with effect from 2.30pm, the company said.

“The dispute between the shareholders which led to numerous legal suits and extraordinary general meetings and the subsequent appointment of provisional liquidator has created confusion in the company.

“These events have unnecessary diverted the attention of the key staff members and generally caused a lack of direction in the company,” it said.

GPlus said it was applying to Bursa Malaysia Securities for an extension of two weeks to comply with the above listing requirements.

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