ICT companies Mikoh (ASX:MIK) and Mooter Media (ASX:MMZ) have separately successfully applied for trading halts pending major announcements.
Anti-fraud and product authentication technology developer Mikoh has been suspended from trading until the company announces “a significant contract success.”
Mikoh said it expects the suspension to last about two weeks.
Internet advertising solutions designer Mooter Media has meanwhile arranged its own suspension, pending the announcement of a heads of agreement for a marketing and development partnership.
The potential partners are in the final stages of negotiation, and Mooter expects to make the formal announcement before trading begins on Wednesday.
MIK shares have been frozen at $0.05, while MMZ shares were trading at $0.012 prior to the halt.