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UMA Bursa queries VisDynamics over limit down

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UMA Bursa queries VisDynamics over limit down Empty UMA Bursa queries VisDynamics over limit down

Post by Cals Mon 28 Apr 2014, 22:32

UMA Bursa queries VisDynamics over limit down
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com   
Monday, 28 April 2014 17:54

KUALA LUMPUR (Apr 28): VisDynamics Holdings Bhd has been issued an unusual market activity (UMA) query by Bursa Malaysia after its share price hit limit down.

At 5.00 pm market close, its share was traded at 47 sen, down 30 sen or 39% with some 3.2 million shares done.

Bursa Malaysia has ordered the company to respond after making due enquiry with its directors, major shareholders and any other relevant parties.

The regulator had queried whether there was any corporate development, rumour, report or any other possible explanation for the drop in its share price.
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