Thursday 28 Mar 2024
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KUALA LUMPUR (May 10): Bursa Malaysia Securities has issued shipping giant MISC Bhd an unusual market activity (UMA) query over the sudden sharp fall in its share price yesterday.  

At 9.30am today, MISC fell 2.21% or 16 sen to RM7.09 with 2.82 million shares done.

Bursa Malaysia has ordered MISC to reveal any corporate development and affairs, rumour or report regarding the business affairs of the company that has not been previously announced.

The regulator also requested MISC to verify if it is in compliance with Bursa Securities listing requirements, particularly Paragraph 9.03 on immediate disclosure obligations.

 

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