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This the press release from Bursa Malaysia:

Bursa Malaysia Securities Berhad (Bursa Malaysia) has declared the securities of Harvest Court Industries Berhad (HARVEST) and Harvest Court Industries Warrants (HARVEST-WA) as “Designated Securities” with effect from 9.00am Wednesday, 16 November 2011 until further notice. In order to facilitate dissemination of the designation, the above securities will be suspended with effect from 9.00am to 5.00pm, Tuesday, 15 November 2011.

The decision to designate the securities of HARVEST and HARVEST-WA is due to excessive speculation observed in the trading of both securities and has been taken in the interest of ensuring a fair and orderly market.

With the designation, trading in the counter continues but will require payment upfront before buying and a free balance of securities before selling.

Investors are advised that their investment decisions should be made on an informed basis including an assessment of the fundamentals of the company.

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Below is Bursa’s press release:

Bursa Malaysia would like to notify that currently, orders for four securities cannot be keyed in for the morning trading session. The four securities are:

1) PA Resources Bhd-Ordinary Rights (7225OR)

2) Sinotop Holdings Bhd-Ordinary Rights (8532OR)

3) Kimlun Corporation Bhd (5171)

4) Shin Yang Shipping Corporation Bhd (5173)

The Exchange has identified the cause of the problem and the affected securities will be available for trading during the second session in the afternoon today.

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Bursa announced new companies classified as PN17:

1. Malaysian Merchant Marine Bhd (MMM)

2. Tracoma  Holdings Berhad  (TRACOMA)

3. VTI Vintage Berhad  (VINTAGE)

4. Ramunia Holdings Berhad (RAMUNIA)

5. Transmile Group Berhad  (TRANMIL)

6. Hock Sin Leong Group Berhad (HSLEONG)

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