Bursa queries Tatt Giap on share price, volume rise

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KUALA LUMPUR (Nov 9): Bursa Malaysia said it had today issued an unusual market activity (UMA) query on the recent sharp rise in price and volume of Tatt Giap Group Bhd shares.

"We draw your attention to the sharp rise in price and volume of your company’s shares recently," Bursa said in a statement on the regulator's website.

Tatt Giap's website shows the company is an importer and a stockist of stainless steel materials. 

At Bursa Malaysia today, Tatt Giap shares settled 0.5 sen lower at 20.5 sen at 12:30pm. Tatt Giap saw some 20 million shares exchanging hands.