The bourse operator approved both requests for suspension, which will be effective from 9am on Friday, according to separate bourse filings.
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Trading in the shares of snack and candy maker Cocoaland Holdings Bhd and its second largest shareholder Fraser & Neave Holdings Bhd (F&N) will be suspended on Friday (June 3) pending an announcement.
Fraser & Neave Holdings Bhd (F&N) on Friday (June 3) proposed to privatise its 27.66%-owned associate Cocoaland Holdings Bhd by buying the remaining Cocoaland shares at RM1.50 each in a move which will help F&N expand into other packaged-food segments and grow the buyer's overseas markets.