File pic: Construction under way for a mixed development project called IOI Rio City in Bandar Puteri 3 Puchong by IOI Properties in July 2020. NORAFIFI EHSAN / The Star
KUALA LUMPUR: IOI Properties Group Bhd
, whose share price surged to a two-year high of RM1.71 in active trade on Monday, had sparked a query from the regulator, Bursa Malaysia Securities.
The low-profile property developer, in which IOI Corporation Bhd is its major shareholder, saw its share prices closing near the day’s high.
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