Pan Asia Corporation's (ASX:PZC) shares are currently in pre-open following the ASX granting the company a trading halt.
Pan Asia requested the halt pending details regarding an update on the company’s funding arrangements.
The company is focused on the TCM coal project (75% owned) in South Kalimantan, Indonesia.
The halt will last until the opening of trade on Thursday 12th March 2015, or earlier if an announcement is made to the market.