Thursday 28 Mar 2024
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KUALA LUMPUR (Nov 2): iDimension Consolidated Bhd, which was slapped with an unusual market activity (UMA) query by Bursa Malaysia this morning, says it is unaware of the reasons that may have triggered the sharp rise in the trading volume of its shares.

In a reply to Bursa's UMA query, the ACE-market listed company said it does not have any corporate development or any rumour or report concerning the business affairs of the group that has not been previously disclosed that may account for the UMA.

"Further, the board of directors wishes to confirm that the company is in compliance with ACE Market Listing Requirements (ACE LR), in particular Rule 9.03 of the ACE LR on immediate disclosure obligations," it said.

iDimension was the second most actively traded counter on Bursa Malaysia today, with 95.6 million shares traded. Its share price remained unchanged at 11.5 sen, with a market capitalisation of RM56.92 million. Year-to-date, its share price has appreciated by 27.8%.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

 

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