KUALA LUMPUR (Jan 25): Hibiscus Petroleum Bhd, which was queried by Bursa Malaysia Securities Bhd after its securities jumped in very active trade on Wednesday, replied it was unaware of the reasons for the unusual market activity.
The shares closed 32 sen higher at RM1.52 with 53.58 million shares done while the warrants climbed 14.5 sen to 85 sen with 176.11 million units done.
The board of Hibiscus said that to the best of their knowledge and after making due enquiry with the directors and major shareholder, it was unaware of the factors which could have cause the unusual market activity.
The shares closed 32 sen higher at RM1.52 with 53.58 million shares done while the warrants climbed 14.5 sen to 85 sen with 176.11 million units done.
The board of Hibiscus said that to the best of their knowledge and after making due enquiry with the directors and major shareholder, it was unaware of the factors which could have cause the unusual market activity.
