Bursa queries Microlink on share price drop

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KUALA LUMPUR (April 6): Bursa Malaysia issued an unusual market activity (UMA) query on Microlink Solutions Bhd's recent share price drop.

At 12.30pm today, shares of banking IT solutions specialist Microlink settled unchanged at RM1.06 for a market value of RM161.28 million.

Last Thursday (March 31), Microlink shares closed at RM1.40 before falling to current levels.

Today, Bursa told Microlink: "We draw your attention to the sharp drop in the share price of your company's shares recently."

Microlink had not responded to Bursa's UMA query at the time of writing.