Monday 20 February 2012

Green Ocean queried over price surge

Bursa Malaysia Securities Bhd today queried Green Ocean Corp Bhd over the sharp increase in its share price and high turnover of shares transacted recently.

In a statement today, Bursa Securities said an unusual market activity (UMA) query was posted on Bursa Malaysia's website and advised investors to take note of the company's reply to the query when making investment decisions," it added.

At 12.30pm, the company's share price stood at 25.5 sen, up three sen. -- Bernama



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