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UMA Bursa queries Anzo on share price, volume rise

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UMA Bursa queries Anzo on share price, volume rise

Post by Cals Mon 22 Feb 2016, 02:40

UMA

[size=28]Bursa queries Anzo on share price, volume rise

By Danial Idraki / theedgemarkets.com | February 19, 2016 : 4:58 PM MYT

KUALA LUMPUR (Feb 19): Bursa Malaysia issued an unusual market activity (UMA) query to Anzo Holdings Bhd, after the timber firm's share price and volume rose today.

Anzo shares rose as much as four sen or 19% to 25 sen today.

At 5pm, the stock closed at 24.5 sen for a market capitalisation of RM68.8 million. The ninth most-active stock on Bursa Malaysia saw some 31 million shares done.

Bursa Malaysia said it "issued an UMA query on the sudden surge in price and volume of Anzo’s securities today."
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