<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 19): PRG Holdings Bhd halted its shares from trading at 4.22pm today until Monday noon, ahead of the release of a material announcement.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, PRG said at the request of the company, the regulator had approved for trading of its securities on the Main Market to be suspended in the morning session on Monday (Jan 22).</p></div>

<div class=newsTextDataWrapInner><p>The counter was suspended from trading since 4.22pm today, closing at 92.5 sen with 63,600 shares done. Its market capitalisation stood at RM280.01 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>A person familiar with the matter said the company is looking to diversify its business portfolio to include healthcare.</p></div>

<div class=newsTextDataWrapInner><p>PRG has seen its share price edge up 10.1% from 84 sen a year ago. It closed at its historical high of RM1.09 on June 13, the day PRG inked a memorandum of understanding with Syarikat Perumahan Negara Bhd's entity — signalling its foray into the affordable housing market.</p></div>

<div class=newsTextDataWrapInner><p>The company currently operates under two main segments: manufacturing of products including covered elastic yarn, narrow elastic fabric, furniture and seat belt webbing, as well as property development and construction of residential and commercial properties.</p></div>

<div class=newsTextDataWrapInner><p>Its manufacturing unit, Furniweb Holdings Ltd, debuted on the Growth Enterprise Market of the Stock Exchange of Hong Kong Ltd last October.</p></div>


KUALA LUMPUR (Jan 19): PRG Holdings Bhd halted its shares from trading at 4.22pm today until Monday noon, ahead of the release of a material announcement.

In a filing with Bursa Malaysia, PRG said at the request of the company, the regulator had approved for trading of its securities on...

PRG shares halted from trading, pending 'material announcement'

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