Allied Tech suspends trading, appointing special auditor to probe 'concerns'

Singapore

CATALIST-listed Allied Technologies has recommended that its trading halt be converted to a voluntary trading suspension with immediate effect, until the concerns raised by its auditors have been satisfactorily resolved, and a special audit has been undertaken.

The company's shares last traded at 1.1 Singapore cents on May 2, before it requested for a trading halt the next day.