Maiden Listing At Labuan International Financial Exchange Rescheduled For Better Timing

The first company to be listed on the Labuan International Financial Exchange (LFX) has rescheduled its listing plan in favour of better timing.

The listing on LFX to be held today, Friday 27 April 2001, has been rescheduled to a more appropriate date in the future upon the request of listing sponsor K&N Kenanga Holdings Bhd.

K&N Kenanga Holdings Bhd advised LFX that the listing has been rescheduled due to insufficient subscription to the listing, mainly influenced by regional and international market response to new issues.