CN Asia share trade to be suspended

CN Asia share trade to be suspended
-A +A

KUALA LUMPUR (Jan 7): CN Asia Corp Bhd has said the company's share trade will be suspended from 2.30 pm today pending a material announcement.

At Bursa Malaysia's 12.30pm break today, skid tank manufacturer CN Asia's share price settled up two sen or 0.85% at RM2.37 for a market value of about RM130.14 million.

CN Asia's website indicates the company is principally an investment holding company while its wholly-owned subsidiary, Chip Ngai Engineering Works Sdn Bhd, is principally involved in the manufacturing and trading of among others, skid tanks and pipings for the petroleum industry.