98-20237. Order of Suspension of Trading; Infotex Holdings, Ltd.

[Federal Register Volume 63, Number 144 (Tuesday, July 28, 1998)]
[Notices]
[Page 40328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-20237]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


Order of Suspension of Trading; Infotex Holdings, Ltd.

July 23, 1998.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Infotex Holdings, Ltd. (``Infotex'') because of questions regarding the 
accuracy of statements, and material omissions, concerning among other 
things, (1) the nature and value of current contracts which Infotex 
claims to possess, and (2) the relationship between Infotex and an 
analyst who recommended purchase of its shares.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above listed 
company is suspended for the period from 9:30 a.m. eastern time on July 
23, 1998 through 11:59 p.m. eastern time on August 5, 1998.

    By the Commission.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 98-20237 Filed 7-24-98; 8:45 am]
BILLING CODE 8010-01-M