Tuesday, 8 November 2011

Sanichi suspended, trading resumes Wednesday

KUALA LUMPUR (Nov 8): Trading in the shares of SANICHI TECHNOLOGY BHD [] has been suspended from 3.12pm on Tuesday and will resume on Wednesday.

The company was earlier queried by Bursa Malaysia Securities over the unusual market activity in the trading of its shares.

In its response, Sanichi said: “After having made due enquiries with the directors and major shareholders, the company wishes to advise that, to the best of their knowledge and belief, the directors and major shareholder are not aware of any of the following that may have contributed to the unusual market activity.”

The shares rose 0.5 sen to 9 sen with 81.29 million units done before trading was suspended.
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