BJCORP-JA has been suspended this afternoon as it has triggered a Mandatory Call Event (MCE).  This is due to the mother share price hitting the call price of RM1.06.  BJCORP-JA was heavily traded last Friday when it began trading with volume hitting above 10.8 million units.

For those investors who bought BJCORP-JA on the first day of listing without knowing what the instrument is, they will be shocked to find out that BJCORP-JA got suspended on the fifth day of trading or on T+4 after they bought the callable bull certificate.  It would be better had the investors not picked up and paid for BJCORP-JA.  Even if they were forced sold today, the investors would have got back a little more.

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