Sunsuria suspended from trading, pending material announcement

KUALA LUMPUR (March 6): Sunsuria Bhd will be suspended from trading on Monday, March 9, pending a material announcement.

In a filing with Bursa Malaysia this evening, the property developer said the local bourse authority had approved its request to suspend the group’s counter next Monday, pending a material announcement to be made.

Sunsuria (fundamental: 2.5; valuation: 1.2) closed five sen or 3.29% higher at RM1.57 today, giving it a market capitalisation of RM240.71 million.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)