KUALA LUMPUR (July 14): Trading in the shares of Ancom Logistics Bhd will be suspended for one day tomorrow, pending a material announcement.
In a filing with Bursa Malaysia today, the group announced that the suspension will be from 9am to 5pm.
Ancom Logistic’s share price rose three sen or 30% to 13 sen today, bringing the group a market capitalisation of RM61.53 million. Some 21.89 million shares were traded, about 40 times higher than its 200-day average of 549,208 shares.
The counter has been trending upwards since July 3, when it stood at eight sen, for a total gain of 62.5%.