KUALA LUMPUR (Feb 9): Bursa Malaysia Securities Bhd has queried PUNCAK NIAGA HOLDINGS BHD [] following the sharp rise in price and high volume in its shares on Thursday.
The regulator had requested the company to provide it with an announcement for public release after enquiring with the directors and major shareholders to seek the cause of the unusual market activity.
Puncak’s share price rallied 44 sen to RM1.89 with 30.93 million shares transacted.
The regulator had requested the company to provide it with an announcement for public release after enquiring with the directors and major shareholders to seek the cause of the unusual market activity.
Puncak’s share price rallied 44 sen to RM1.89 with 30.93 million shares transacted.
