KUALA LUMPUR: Leform Bhd
has received an unusual market activity (UMA) query from Bursa Malaysia Securities Bhd following the sharp fall in the counter’s share price.
The steel product manufacturer and trader tumbled 44.9%, or 22 sen to 27 sen. It is the third most actively traded counter with 215.31 million shares done today.
“Investors are advised to take note of the company’s reply to the UMA query which will be posted at Bursa Malaysia’s website under the company announcement when making their investment decision,” the stock market operator said.
Leform has been asked to disclose any corporate development relating to its business and affairs that has not been previously announced that may account for the trading activity, including those in the stage of negotiations or discussions.
