RHB Research Institute suspends coverage on Best World

Singapore

RHB Research Institute has suspended its coverage on Best World International until findings from a review of the latter's business in China are made public.

This follows an order by the Singapore Exchange (SGX) on Wednesday for Best World to review its business in China to address all matters raised in a shortseller report after the stock fell 9 per cent on the same day before the company called for a trading halt.