<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 9): Cymao Holdings Bhd, which is involved in the manufacturing and sale of plywood products, has been slapped with an unusual market activity (UMA) query on the sharp rise in its share price and volume recently.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Cymao shot up 26.26% or 13 sen today and settled at 62.5 sen, with 4.78 million shares traded.</p></div>

<div class=newsTextDataWrapInner><p>The 4.78 million shares that were traded today is five times that of yesterday’s volume of 914,800.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Over the past month alone, the stock's price shot up by 172% from 23 sen on Nov 12. The group currently has a market capitalisation of RM46.9 million.</p></div>

<div class="mt-4 embed-left"><a class="mobx embedimg-icon imgw-400" data-desc="" data-rel="ceolightbox" data-title="" href="//assets.theedgemarkets.com/pictures/20201209-cymao-holdings.png"><img alt="" src="//assets.theedgemarkets.com/pictures/20201209-cymao-holdings.png" /></a></div>

<div class=newsTextDataWrapInner><p>In a filing today, Bursa asked the company to respond as to whether there is any corporate development relating to its business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation.</p></div>

<div class=newsTextDataWrapInner><p>Additionally, it asked the company to clarify whether there is any rumour or report concerning the business and affairs of the group that may account for the trading activity, whether Cymao is aware of any other possible explanation to account for the trading activity and whether it is in compliance with the Bursa listing requirements.</p></div>


Cymao Holdings Bhd, which is involved in the manufacturing and sale of plywood products, has been slapped with an unusual market activity (UMA) query on the sharp rise in its share price and volume recently.

Bursa queries Cymao on sharp rise in share price, volume

Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory.

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The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.

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A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

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Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

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A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.

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Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.

Kuala Kubu Baharu by-election: BN component parties have to assist unity govt candidate, says Mohamad Hasan

Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

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Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

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<p>Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory. &nbsp;</p>


<p>Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.</p>

<p>Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.</p>


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<p>The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.</p>


<p>A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.</p>


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<p>Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


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<p>Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>
