Friday 29 Mar 2024
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KUALA LUMPUR (Jan 5): Lingerie manufacturer Caely Holdings Bhd said it is actively exploring avenues to enhance shareholders' value. 

Caely said today that it is considering seeking professional advice to deliberate various options available to the company, in order to do so.

It said this in reply to an unusual market activity (UMA) query yesterday by Bursa Securities Malaysia Bhd. 

“However at this juncture, nothing has been confirmed or materialised. In the event a corporate exercise is proposed and deliberated by the board of directors, Caely will make the necessary announcement(s) in compliance with its listing obligation under the Bursa Securities Listing Requirements, once the proposal is approved by the board,” Caely added.

The counter was issued the UMA after it hit limit-up yesterday. 

At 2.31pm, Caely was down 6.48% or 7 sen to RM1.01, with 11.04 million shares done. In a year, the counter has grown 116.84%.

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