Bursa Securities queries Can-One over price surge

KUALA LUMPUR (Jan 5): Bursa Malaysia Securities Bhd has queried CAN-ONE
BHD [] over the sharp increase''in the price of the shares recently.

At 4.41pm, Can-One was up 31 sen to RM1.37 with 6.95 million shares done.

interesting


We refer to the query dated 5 January 2012 from Bursa Malaysia Securities Berhad.

The Board of Directors of Can-One Berhad (“Canone”) wishes to confirm that:-

1. There is no corporate development relating to Canone Group’s business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion.

2. We are not aware of any rumour or report concerning the business and affairs of Canone Group that may account for the unusual market activity.

3. We are not aware of any other possible explanation to account for the unusual market activity.

4. Canone will make the necessary disclosure when there is any material development in Canone in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 5 January 2012.

LIMIT DOWN [You must be registered and logged in to see this image.]

2. We are not aware of any rumour or report concerning the business and affairs of Canone Group that may account for the unusual market activity.

pakcik unaware anything can happen lol

Cals wrote:2. We are not aware of any rumour or report concerning the business and affairs of Canone Group that may account for the unusual market activity.

pakcik unaware anything can happen lol

proton said unaware i kena 1.25k [You must be registered and logged in to see this image.]