UNUSUAL MARKET ACTIVITY
| MALAYSIAN MERCHANT MARINE BERHAD |
|
Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | ZB-030714-66702 |
| Subject | UNUSUAL MARKET ACTIVITY |
Contents :
Reference is made to your fax dated 14 July 2003 (Your Ref. : ZB-030714-66702) in respect of the above mentioned matter.
After conducting due enquiry, the directors confirm that there are no material development in the Company's business and affairs not previously disclosed and they are 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.
The directors also confirm that to the best of their knowledge, there are no other reasons to account for the unusual market activity.
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 | MALAYSIAN MERCHANT MARINE BERHAD |
| Stock Name | MMM |
| Date Announced | 15 Jul 2003 |
| Category | General Announcement |
| Reference No | CC-030715-36704 |
