UNUSUAL MARKET ACTIVITY
PETRA PERDANA BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | VC-030710-67374 |
Subject | UNUSUAL MARKET ACTIVITY |
Contents :
We refer to the Exchange's letter dated 10 July 2003 pertaining to the unusual market activity in accordance to the paragraph 9.11 of the Listing Requirements, the board of directors wish to confirm that, to the best of our knowledge we are not aware any of the following:-
1. Any material development in the Company's business and affairs not previously disclosed.
2. Any impending change in the major shareholders; and
3. Any other reasons to account for the unusual market action.
We also confirm that none of the situation/events subject to the continuing disclosure requirements set out in Chapter 9 of the KLSE's Listing Requirements.
Query Letter Contents :
We draw your attention to the high price and volume in your Company’s shares
recently.
In accordance with paragraph 9.11 of the Exchange’s Corporate Disclosure Policy
on Response To Unusual Market Activity, you are requested to furnish the
Exchange with an announcement for public release after a due enquiry seeking
the cause of the unusual market activity in the Company’s securities. When
considering your response and when making the required announcement, your
attention is particularly drawn to the continuing disclosure requirements set
out in Chapter 9 of the KLSE’s Listing Requirements.
The announcement is to reach the Exchange within one market day from the date
hereof via KLSE Listing Information Network ("KLSE Link").
Yours faithfully
CH'NG BOON HUAT
Vice President,
Financial Review & Surveillance
Listing Group
FRH/ami
Announcement Info
Company Name | PETRA PERDANA BERHAD |
Stock Name | PETRA |
Date Announced | 11 Jul 2003 |
Category | General Announcement |
Reference No | PP-030709-97905 |