Darco requests resumption of share trading

DARCO Water Technologies, whose shares have been suspended from trading since March 2012, has requested resumption of trading on the Singapore Exchange (SGX) today.

In a statement earlier yesterday before the request, Thye Kim Meng, managing director and chief executive of the mainboard-listed water treatment specialist, said the company had received no objections from SGX in relation to its application for the resumption of trading.

Trading in Darco shares was suspended two years ago after the company announced that its financial statements for FY2009 and 2010 might be substantially adjusted following preliminary findings from a special audit.