Friday, 19 October 2007

Idaman (1112) - reprimanded by Bursa

Bursa Malaysia publicly reprimanded Idaman Unggul for breach of paragraph 9.16(1)(a) of Bursa Securities Listing Requirements ("LR"). Bursa Securities views the contravention seriously and cautions the company on its responsibility to maintain appropriate standards of corporate responsibility and accountability in order to achieve greater disclosure and transparency to its shareholders and the investing public. (Bursa Malaysia S/B).

oops... not a good news. Still, this stock is a lower to buy.. also see Idaman(1112) -new uptrend has begun. Keep in mind that stop loss must be adhered to... Remember, in these volatile days, it is better to keep risks at a minimum.

No comments: