KUALA LUMPUR (March 16) : METRONIC GLOBAL BHD [] said it is not aware of any developments in the company which could have caused the unusual trading patterns of its stock on Friday.
In a statement to the exchange in response to the regulator’s unsual market activity query, Metronic said it had consulted its directors on the matter. It, however, said it has not been able to contact another board member Mohd Afrizan Husain.
“The company shall make the announcement once confirmation from Afrizan has been obtained,” said Metronic which specialises in system integration of intelligent building management and integrated security management systems.
Metronic, the most actively traded stock on Bursa Malaysia at midday on Friday, jumped 56% or 4.5 sen to settle at 12.5 sen at lunch break with some 341 million shares done. This compares to some 60 million shares on Thursday.
In a statement to the exchange in response to the regulator’s unsual market activity query, Metronic said it had consulted its directors on the matter. It, however, said it has not been able to contact another board member Mohd Afrizan Husain.
“The company shall make the announcement once confirmation from Afrizan has been obtained,” said Metronic which specialises in system integration of intelligent building management and integrated security management systems.
Metronic, the most actively traded stock on Bursa Malaysia at midday on Friday, jumped 56% or 4.5 sen to settle at 12.5 sen at lunch break with some 341 million shares done. This compares to some 60 million shares on Thursday.
