Type | Reply to query |
Reply to Query Letter by KLSE reference ID | ZB-040112-45330 |
Subject | 1) Unusual market activity 2) Suspension in trading of shares |
Kindly note that the Company has requested and the MSEB has approved the Company's request for a suspension in the trading of its shares pending the release of an announcement of a material acquisition by the Company which will result in a significant change in the business direction of the Group.
We draw your attention to the sharp increase in price and high volume in your
Company’s shares today.
In accordance with paragraph 9.11 of the Exchange’s Corporate Disclosure Policy
on Response To Unusual Market Activity, you are requested to furnish the
Exchange with an announcement for public release after a due enquiry seeking
the cause of the unusual market activity in the Company’s securities. When
considering your response and when making the required announcement, your
attention is particularly drawn to the continuing disclosure requirements set
out in Chapter 9 of the KLSE’s Listing Requirements.
The announcement is to reach the Exchange immediately today via KLSE Listing
Information Network (“KLSE Link”).
Yours faithfully
FUNG RU HUEY
Sector Head
Listing Compliance
kl
Company Name | MALAYSIA AICA BERHAD |
Stock Name | MAICA |
Date Announced | 12 Jan 2004 |
Category | General Announcement |
Reference No | CQ-040112-57023 |