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Malaysia's IJM and ICP suspended from trade on Bursa

Fri Sep 5, 2008 2:57am EDT
 
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KUALA LUMPUR, Sept 5 (Reuters) - Shares of Malaysian builder and engineer IJM Corp (IJMS.KL: Quote, Profile, Research, Stock Buzz) and its Industrial Concrete Products (ICPB.KL: Quote, Profile, Research, Stock Buzz) subsidiary were suspended from trade on Bursa Malaysia on Friday pending an announcement.

Aseambankers said in its morning research note on Thursday that IJM might buy out the 36.5 percent of ICP it did not own.

(Reporting by David Chance, editing by Niluksi Koswanage)

 

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