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Letter Subject Or Reference - UNUSUAL MARKET ACTIVITY
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-23042021-00001 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description |
FREIGHT MANAGEMENT HOLDINGS BHD ("THE COMPANY") UNUSUAL MARKET ACTIVITY |
Query Letter Contents |
We draw your attention to the sharp rise in price and volume of your Company’s shares today(“trading activity”).
In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of Listing Requirements :
Yours faithfully, Bursa Malaysia Securities Berhad |
The Board of Directors of the Company would like to respond to the queries raised by Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the Unusual Market Activity after making due enquiry with the directors and major shareholder of the Company:-
- There is no corporate development that may account for the trading activity of the Company.
- We are not aware of any rumour or report concerning the business and affairs of the Company that may account for the trading activity.
- We are not aware of any other possible explanation to account for the trading activity.
- The Company is in compliance with Paragraph 9.03 of the Main Market Listing Requirements of Bursa Securities, in particular the immediate disclosure obligations.
This announcement is dated 23 April 2021.
Announcement Info
Company Name | FREIGHT MANAGEMENT HOLDINGS BERHAD |
Stock Name | FREIGHT |
Date Announced | 23 Apr 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-23042021-00126 |