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Malaysia's MMC Corp suspends share trade

Sun Feb 17, 2008 8:12pm EST
 
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KUALA LUMPUR, Feb 18 (Reuters) - Malaysian infrastructure and energy group Malaysia Mining Corp Bhd (MMC) (MMCB.KL: Quote, Profile, Research, Stock Buzz) suspended trade in its shares on Monday.

It then issued a statement saying a subsidiary, Prai Power Sdn Bhd, had enlarged its legal claim against state-controlled power utility Tenaga Nasional (TENA.KL: Quote, Profile, Research, Stock Buzz) to 113.7 million ringgit ($35.3 million) from 11.9 million ringgit earlier. (Reporting by Naveen Thukral, editing by Mark Bendeich)

 

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