HONG KONG
Trading in Allied Group May Resume: A securities watchdog asked the stock exchange to allow trading in Allied Group to resume after the government named a lawyer to investigate suspected shuffling of assets among group companies. If the exchange agrees with the Securities and Futures Commission’s request, trading in Allied’s 10 companies could resume today. The exchange suspended trading in the flagship of Malaysian tycoon Lee Ming Tee last Wednesday. Allied has interests in real estate, manufacturing, trade and the food industry.
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