The trading of shares in Ascendant Group Limited, the parent company of power utility Belco, has been suspended on the Bermuda Stock Exchange at the request of the company, pending an announcement.A target deadline for the Regulatory Authority’s decision on the company’s proposed takeover by Canadian firm Algonquin Power and Utilities Corp, was yesterday. The Royal Gazette reached out to the RA last Friday to ask when the public could expect an announcement on the proposed change of ownersh