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Update Bursa queries top gainer Eco World

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Update Bursa queries top gainer Eco World Empty Update Bursa queries top gainer Eco World

Post by Cals Mon 06 Jan 2014, 15:10

Update Bursa queries top gainer Eco World
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com   
Monday, 06 January 2014 13:25

KUALA LUMPUR (Jan 6): Bursa Malaysia has queried top gainer Eco World Development Group Bhd on the sharp rise in price and volume of its shares in the property developer.

At 12.30pm, Eco World shares settled at RM4.84 with some 3.1 million shares done. The stock had earlier risen as much as 10% to RM4.85.

"We draw your attention to the sharp rise in price and volume of your company’s shares recently (trading activity)," Bursa told Eco World in a statement posted on the bourse regulator's website.

Bursa requires Eco World, formerly known as Focal Aims Holdings Bhd, to update the market on any corporate development which might have led to the trading dynamics of the stock
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