Bursa Alert
Global Market
NewsUMA Kim Teck Cheong gets UMA query on share price hike
Page 1 of 1
UMA Kim Teck Cheong gets UMA query on share price hike
by Cals Wed 30 Dec 2015, 01:05
- UMA
[size=28]Kim Teck Cheong gets UMA query on share price hike
By Danial Idraki / theedgemarkets.com | December 29, 2015 : 12:08 PM MYTKUALA LUMPUR (Dec 29): ACE Market-listed Kim Teck Cheong Consolidated Bhd (KTC) has been slapped with an unusual market activity query by Bursa Malaysia after its share price rose 22.58% yesterday.
KTC shares closed at 38 sen on Monday with a trading volume of 143.4 million, 22.58% higher compared to a closing price of 31 sen on Dec 23 with a volume of 7.65 million, just before the Christmas break.
At 11.45am today, the group traded at 37 sen, 1 sen or 2.6% lower compared to its opening price, with 44.73 million shares done.
The Sabah-based consumer package goods manufacturer and distributor made its debut on the ACE Market of Bursa Malaysia on Nov 25 this year, raising RM21.3 million in initial public offering for its expansion plans, which includes the acquisition of warehousing facilities, warehousing construction and equipment purchase.
On its debut day on the ACE Market, KTC's share price opened at 30 sen, double its issue price of 15 sen, with 14.01 million shares traded.
(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.)
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» UMA SHH Resources gets UMA query over share price hike
» UMA SAM Engineering gets UMA query about share price hike
» UMA Lay Hong gets UMA query on share price hike
» JHM gets query on recent share price hike
» UMA Damansara Realty says unaware of reasons over share price hike; price drops at noon
» UMA SAM Engineering gets UMA query about share price hike
» UMA Lay Hong gets UMA query on share price hike
» JHM gets query on recent share price hike
» UMA Damansara Realty says unaware of reasons over share price hike; price drops at noon
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum