Bursa Malaysia Securities Bhd today issued an unusual market activity (UMA) query to Sanichi Technology Bhd following a sharp increase in the price and high volume in the company's shares.
Sanichi's shares, which opened at 11.5 sen, gained 8.5 sen or 74 per cent to
20 sen at closing today with 1,194,519 lots changing hands.
Meanwhile, the company, in a reply to the bourse operator, said that it was
not aware of any corporate developments relating to the company and its
subsidiaries that may have contributed to the UMA. -- Bernama
Sanichi's shares, which opened at 11.5 sen, gained 8.5 sen or 74 per cent to
20 sen at closing today with 1,194,519 lots changing hands.
Meanwhile, the company, in a reply to the bourse operator, said that it was
not aware of any corporate developments relating to the company and its
subsidiaries that may have contributed to the UMA. -- Bernama
