KUALA LUMPUR (March 1): SILVER BIRD GROUP BHD [] saw a sell order at 28 sen for 15,000 shares in pre-market opening trade at 8.31am on Thursday.
There were buy orders at 25 sen for 50,000 shares.
Market is expecting the shares to face selling pressure when it resumes trading on Thursday.
Its pre-suspension price was 40.5 sen.
On Wednesday, the company cautioned investors in the trading of its securities after the auditors have expressed a disclaimer opinion on the company’s latest audited accounts for the financial year ended Oct 31, 2011.
Silver Bird Group suspended its group managing director, Datuk Tan Han Kook and two other key executives effective Feb 24 as it undertakes an internal inquiry into allegations of irregularities in the company’s accounts.
There were buy orders at 25 sen for 50,000 shares.
Market is expecting the shares to face selling pressure when it resumes trading on Thursday.
Its pre-suspension price was 40.5 sen.
On Wednesday, the company cautioned investors in the trading of its securities after the auditors have expressed a disclaimer opinion on the company’s latest audited accounts for the financial year ended Oct 31, 2011.
Silver Bird Group suspended its group managing director, Datuk Tan Han Kook and two other key executives effective Feb 24 as it undertakes an internal inquiry into allegations of irregularities in the company’s accounts.
