At 10.55 am in the morning.
Suddenly, Moore Group had a stock suspension.
The stock suspension signified the temporary halt of trading.
From this moment, the shares of Moore Group were sealed. There was no rise and fall until trading resumed.
To apply for a stock suspension from the commission required a very strong reason. For Moore Group, the reason for the stock suspension was because the group had a huge announcement to make. 5 Generally, stock suspensions happened before a listed group made an important announcement. This was to prevent insider trading and stop the informed from being opportunistic.
For example, in the past, Amazing Tiger 360 used to be a very famous internet company. 5
They sought to be listed in Oskia and were able to be listed in the local A-shares albeit via the backdoor.
This was the so-called backdoor listing. 3
and the waiting time was too long, it would rather buy another listed company to enable it to reach the target of being listed although it would
because it saved a lot of time. If they were to independently list themselves, they would need at least one to two years, which would most likely cause them to miss out on many
decided on a backdoor listing, all the shareholders were guessing on one thing-which listed company
company beforehand, they would be able to buy that company's shares earlier. Then, when 360 successfully managed to be listed, they would earn a lot of money when
type of news was normally highly confidential within the company. Only the upper management would know
to important matters, people only then realized
then because SJEC's shares had been suspended. There was no trading, and even the chance to
was also the
would transform from a leaderless group to one where a new chairperson would take over. This was good news for the company. Thus, an announcement was needed after the
6
***
10.55 am, at Moore Group's
invited journalists were already
country's investors also paid attention to this
Read The Man in Power After Being Married into Her Family by Adela Chapter 2177 - The hottest series of the author Adela
In general, I really like the genre of stories like The Man in Power After Being Married into Her Family by Adela stories so I read extremely the book. Now comes Chapter 2177 with many extremely book details. I can't get out of reading! Read the The Man in Power After Being Married into Her Family by Adela Chapter 2177 story today. ^^