PLC B announces its quarterly report for the financial period ended 30 September 2009 ("3rd QR") on 30 November 2009 at 5.30 p.m. Will trading halt be imposed on PLC B's securities on 1 December 2009 (i.e. the next market day)?
Generally, Bursa Securities will not impose any trading halt when a
material announcement is released after 5 p.m. because investors have the
opportunity to digest the information before the commencement of trading at 9
a.m. on the next market day. However, pursuant to paragraph 3.2 of Practice
Note 20, Bursa Securities may at its discretion, suspend the trading of the
listed issuer’s securities for the entire day or such period as Bursa
Securities deems appropriate.