Kai Peng Berhad ("Kai Peng") - Unusual Market Activity
| KAI PENG BERHAD |
|
Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | ME-031030-45501 |
| Subject | Kai Peng Berhad ("Kai Peng") - Unusual Market Activity |
Contents :
We refer to the Kuala Lumpur Stock Exchange letter dated 30 October 2003 reference ME-031030-45501
We would like to clarify on the following:
1) There is no material development in Kai Peng's business and affairs not previously disclosed.
2) To Kai Peng's knowledge, there are no other reasons to account for the unusual market activity.
We also wish to inform that to Kai Peng's knowledge, none of the situations/events as listed in the aforesaid letter contributed to the unusual market activity in Kai Peng's shares during the period in question and Kai Peng is not aware of any rumour report (whether true or false) which contains information which is likely to have an effect on trading of Kai Peng's securities.
Query Letter Contents :
We draw your attention to the sharp increase in price and high volume 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 immediately today via KLSE Listing
Information Network (“KLSE Link”).
Yours faithfully
CH'NG BOON HUAT
Development and Sector Head
Listing Compliance
SH/naz
Announcement Info
| Company Name | KAI PENG BERHAD |
| Stock Name | KAIPENG |
| Date Announced | 30 Oct 2003 |
| Category | General Announcement |
| Reference No | KP-031030-56033 |
