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Lay Hong Hits Limit Ahead of Corporate News

by 5m Editor
25 September 2014, at 7:37am

MALAYSIA- Share trading in egg company, Lay Hong Bhd, was suspended temporarily on 24 September but it has resumed today, 25 September.

The Star Online reports that at 12.30 pm, the share price of Lay Hong, which focuses on egg-laying, was up 78 sen or 29.3 per cent to RM3.44. Turnover was 2.31 million shares.

Also suspended was its major shareholder QL Resources Bhd, which owns 23.78 per cent or 11.98 million shares in Lay Hong.

Lay Hong’s largest shareholder is Innofarm Sdn Bhd which owns 18.9 million shares.

Trading in the Company's shares resumed at 9:00 on 25 September 2014.