1) Unusual Market Activity 2) Suspension In Trading Of Shares

BackJan 12, 2004
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

Contents :

We refer to the Malaysia Securities Exchange Berhad's ("MSEB") letter of even date regarding the unusual market activity of Malaysia Aica Berhad's ("the Company") shares today.


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.

Query Letter Contents :

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

 


Announcement Info

Company Name MALAYSIA AICA BERHAD  
Stock Name MAICA    
Date Announced 12 Jan 2004  
Category General Announcement
Reference No CQ-040112-57023