The suspension seems to be related to the auditors raising certain 'going concern' issues with STA. STA have a negative NAV and are looking at raising funds soon. There are other issues as well.
Run, run away as fast as you can
It can't be that. I don't think you understand that correctly. Companies have this resolution in place, but it comes with T&Cs. It is usually just a small percentage of the shares and is used to keep in treasury.
If a company is going to repurchase ALL of its shares, they will need to make their intention known and they will effectively be delisting the company. This will be done as a buyout and all share holders will be given an offer price.
Maybe drop them an email to clarify this for you.
Thank you for the explanation. I will drop them an email and see what they say