KUALA LUMPUR, Oct 23 (Bernama) -- Perak Transit Bhd said it is unaware of any corporate development related to its business or operations following a sharp 47.2 per cent drop in its share price to 34 sen yesterday -- the lowest level in more than three years.
In a filing with Bursa Malaysia in response to an unusual market activity (UMA) query, the integrated transport terminal operator said its board is not aware of any rumour or report concerning the group’s business or affairs that could have triggered the trading activity.
“The board is not aware of any other possible explanation to account for the trading activity.
“The company is in compliance with the Bursa Securities Main Market Listing Requirements (LR), in particular Paragraph 9.03 of the Bursa Securities LR on immediate disclosure obligations,” it said.
Earlier today, trading in Perak Transit’s securities was halted at the opening and resumed an hour later.
At 10.40 am, shares fell half a sen to 33 sen, with 214.74 million units changing hands.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
