The securities of frozen food producer HB Global Ltd will resume trading on Bursa Malaysia at 9am tomorrow, after the firm submitted its outstanding financial year 2013 annual report today, a filing to Bursa revealed this afternoon.
The release of the FY13 annual report has been delayed since the June 30, 2014 deadline. The reason, HB Global said, was because it had only managed to complete and submit its FY13 audited financial statement to Bursa on July 22, 2014, instead of by April 30, 2014.
The company had said the delay in the submission of the FY13 audited financial statement was due to a change in its external auditors.
HB Global has been suspended from trading since Sept 11, 2014. The counter closed at 7 sen per share on Sept 10, giving it a market capitalisation of RM32.76 million.- The Edge | October 16, 2014
