Friday 4 November 2011

Flash: Bursa Securities queries Harvest Courts over price surge, volume

KUALA LUMPUR (Nov 4): Bursa Malaysia Securities Bhd has queried Harvest Courts Industries Bhd over the unusual market activity regarding its shares and warrants.

“We draw your attention to the sharp increase in price and high volume of your company’s securities recently,” it said on Friday.

Bursa Securities advised investors to take note of the company’s reply to the unusual market activity query which would be posted on the stock exchange website under the company announcements.

At 2.54pm, Harvest-WA was up 17.5 sen to 76 sen with 78 million units done while the shares added 19.5 sen to 83.5 sen with 70 million shares transacted.
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