UNUSUAL MARKET ACTIVITY
GRANITE INDUSTRIES BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | MA-030715-67487 |
Subject | UNUSUAL MARKET ACTIVITY |
Contents :
Your letter dated 15 July 2003 on the above matter refers.
Pursuant to Paragraph 9.11 of the Listing Requirements on the Corporate Disclosure Policy on Response to Unusual Market Activity, the Board of Directors of Tebrau Teguh Berhad [formerly known as Granite Industries Berhad] ("the Company") after making due enquiry, wishes to advise the following:
1. There are no undisclosed developments which would account for the unusual market
activity;
2. To our knowledge, there are no other reasons to account for the unusual market action.
The Board is also not aware of any rumour or report which contains information which is likely to have an effect on the trading of the Company's securities.
This announcement is dated 16 July 2003
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
JE/al
Announcement Info
Company Name | GRANITE INDUSTRIES BERHAD |
Stock Name | GRANITE |
Date Announced | 16 Jul 2003 |
Category | General Announcement |
Reference No | C&-030716-4360F |