Red Sena to suspend trading on Jan 16

  • Business
  • Saturday, 29 Dec 2018

KUALA LUMPUR: Bursa Malaysia Bhd has approved the trading suspension of Red Sena Bhd on Jan 16, 2019, to facilitate the extraordinary general meeting of the company to be held on the day.

“If shareholders approve the proposed resolutions, the suspension of trading of the company's shares will continue until the company is de-listed from the official list of Bursa Securities,” it said in a filing to the local bourse. Red Sena is a food and beverage special purpose acquisition company.

The request for suspension is made pursuant to Paragraph 3.1(c) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities.

At closing today, Red Sena's share price was flat at 50 sen with 5.67 million shares transacted. — Bernama

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