Trading in Damansara Holdings halted today pending material announcement

• The one-day suspension in trading is at the company’s request.

KUALA LUMPUR (Oct 27): Trading in the shares of Damansara Holdings Bhd will be halted on Friday (Oct 28), pending the release of a material announcement.

The one-day suspension in trading is at the company’s request, Damansara Holdings said in a filing.

The group is involved in property and land development, integrated facilities management, and project management and consultancy services.

For the financial year ended June 30, 2022, Damansara Holdings posted a net loss of RM16.13 million on revenue of RM169.68 million. There are no comparative results as the company had changed its financial year from Dec 31, 2020, to June 30, 2021.

Shares of Damansara Holdings finished six sen or 12% lower at 44 sen, giving the company a market capitalisation of RM143.78 million.