Thursday 25 Apr 2024
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KUALA LUMPUR (Sept 7): Century Logistics Holdings Bhd, which saw its share price reach a record high today, announced that trading in its shares will be suspended tomorrow (Sept 8) in the morning session, pending an announcement.

In a filing with Bursa Malaysia today, Century said the regulator has approved its request to suspend its share trade with effect from 9am to 12.30pm tomorrow, pending the release of a material announcement.

Century provides supply chain solutions including warehousing and distribution services that can be scaled and customised, floating storage and transshipment services for international oil trading companies, and procurement logistics services to various multinational electrical and electronics customers.

Century shares rose to its record high of RM1.05 today, before paring gains to close at RM1.04, up 12.5 sen or 13.7%, with 25.96 million shares traded, resulting in a market capitalisation of RM398.79 million.

It was the fifth most actively traded counter on local bourse today,

Since early September, the counter has risen 22.35%.

 

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