Categories
Economics

[1174] Of straight from the broker: Dialog suspended!

I just received a call informing me that trading of Dialog Group Berhad in the Main Board has been suspended. I was a little bit panic upon hearing the news because I have some holding there. A search on the internet is unhelpful:

Trading in Dialog Group Bhd’s shares was voluntarily suspended early on April 12 ahead of an announcement to be made on the same day.

The share price had risen 12 sen to RM2.09 with 12.25 million shares done before it was suspended at 9.49am.

The company informed Bursa Malaysia Securities that it had requested for a suspension in the trading of its securities until 5pm on April 12. [Dialog suspended ahead of announcement. The Edge Daily. April 12 2007]

Rumor has it that it is going to be good news. As for me, I can only wait patiently.

Earlier, Dialog clinched several contracts earlier and that caused the share to jump for about 40% since late March 2007. I was one of probably many that reacted to the news and profited.