UNUSUAL MARKET ACTIVITY
KNUSFORD BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | NA-030709-67395 |
Subject | UNUSUAL MARKET ACTIVITY |
Contents :
We refer to your facsimile of 9 July 2003 on the above subject matter. The Board of Directors wishes to inform the Exchange that they are not aware of any material information or event of such nature that could have contributed to the unusual market activity. There are no material development in the Company's business and affairs that have not been previously disclosed.
Nevertheless, the Company is continuously exploring for new activities/businesses and will make the necessary announcement to the Exchange, should the activities fall within the ambit of Chapter 9 of the KLSE's Listing Requirements.
Query Letter Contents :
We draw your attention to the sharp increase in 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 | KNUSFORD BERHAD |
Stock Name | KNUSFOR |
Date Announced | 10 Jul 2003 |
Category | General Announcement |
Reference No | KB-030710-67462 |