UNUSUAL MARKET ACTIVITY
| NAKAMICHI CORPORATION BERHAD |
|
Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | MA-030701-63345 |
| Subject | UNUSUAL MARKET ACTIVITY |
Contents :
We refer to your letter of 1 July 2003.
We write to inform that:-
1. There are no undisclosed developments which would account for the unusual market activity.
2. We have no knowledge whatsoever and are not aware of the reason for the unusual market action.
This announcement is dated 2 July 2003.
Query Letter Contents :
We draw your attention to the sharp increase in price in your Company’s shares
today.
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
TAN CHUN WENG
Senior Vice President,
Financial Review & Surveillance
Listing Group
CBH/ec
Announcement Info
| Company Name | NAKAMICHI CORPORATION BERHAD |
| Stock Name | NAKA |
| Date Announced | 2 Jul 2003 |
| Category | General Announcement |
| Reference No | C&-030702-55765 |
