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UMA Bursa issues UMA query to Advance Synergy

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UMA Bursa issues UMA query to Advance Synergy Empty UMA Bursa issues UMA query to Advance Synergy

Post by Cals Tue 27 May 2014, 03:06

UMA Bursa issues UMA query to Advance Synergy
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com   
Monday, 26 May 2014 18:18

KUALA LUMPUR (May 26): Advance Synergy Bhd was issued an unusual market activity (UMA) query by Bursa Malaysia, over the recent rise in price and volume of its shares.

At 5.00 pm market close, the stock rose 7 sen or 37% to settle at its closing price of 26 sen, with some 109.2 million shares exchanging hands.

The regulator has ordered the company to disclose and corporate development, rumour, report or any other possible explanation for the unusual trading activity.
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