Monday 20 February 2012

Bursa Securities queries Green Ocean over share price, volume

KUALA LUMPUR (Feb 20): Bursa Malaysia Securities has queried Green Ocean Corporation Bhd over the sharp rise in price and high volume of the shares recently.

It had on Monday requested the company to announce the reasons for the unusual market activity after enquiring with the directors and major shareholders seeking the cause of the unusual market activity.

At 12.05pm, it was up three sen to 25.5 sen with 50.10 million shares done.

The FBM KLCI rose 4.08 points to 1,561.23. Turnover was 921.21 million shares done vaued at RM602.93 million. There were 380 gainers, 302 losers and 328 stocks unchanged.



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