Friday 29 Mar 2024
By
main news image

KUALA LUMPUR (Jan 4): KUB Malaysia Bhd said it is unaware of any corporate development in relation to the group’s business and affairs that may account for the sharp rise in its share price over the past two days.

KUB's share price surged 71% to close at 41 sen in the morning session today from 24 sen on Wednesday (Jan 2). Even though it was not slapped with an unusual market activity (UMA) query, the group clarified its position in a filing with Bursa Malaysia today.

In the filing, Umno-related KUB said it wasn't aware of any rumour or report or any other possible explanation to account for the trading activity.

“We also declare that the company is in compliance with the Listing Requirements (LRs), in particular Rule 9.03 of the LRs on immediate disclosure obligations,” it added.
 

      Print
      Text Size
      Share