KUALA LUMPUR (Nov 9): Bursa Malaysia Securities Bhd has queried Emico Bhd whose shares have surged in heavy volume on Wednesday despite the absence of any fresh corporate news.
At 2.59pm, Emico-WA was up 27.5 sen to 34.5 sen with 11.02 million units done.
The shares rose 22.5 sen to 42.5 sen with 83.5 million units done.
Emico is the second day on Wednesday to be queried over the sharp increase in price and high volume of the company’s securities recently.
Earlier, Bursa Securities has queried Hibiscus Petroleum Bhd over the unusual market activity of its shares recently.
At 2.59pm, Emico-WA was up 27.5 sen to 34.5 sen with 11.02 million units done.
The shares rose 22.5 sen to 42.5 sen with 83.5 million units done.
Emico is the second day on Wednesday to be queried over the sharp increase in price and high volume of the company’s securities recently.
Earlier, Bursa Securities has queried Hibiscus Petroleum Bhd over the unusual market activity of its shares recently.
