Wednesday, July 14, 2010

Trading of Kumpulan Jetson shares halted

PETALING JAYA: Trading of Kumpulan Jetson Bhd shares were halted from 9am and resumed trading at 10am today after announcing a director had retracted his resignation.

In a filing to the stock exchange this morning, Kumpulan Jetson said independent non-executive director Mohd Najib Abdul Aziz had retracted his resignation which the company had accepted earlier.

The resignation was announced to Bursa Malaysia on July 7.

The company said a board meeting which had earlier been scheduled to take place on Thursday, July 15, to discuss various matters would also now discuss the implications of Mohd Najib’s resignation and retraction.

“Where required, a further announcement on this matter will be made after the meeting,” it added.

Kumpulan Jetson shares slipped 8 sen to RM1.25 with 63,800 shares traded.

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