Artroniq faces UMA query as share price hits limit down

KUALA LUMPUR: Artroniq Bhd has received an unusual market activity (UMA) query from Bursa Malaysia over the sharp fall in its share price on Wednesday.

At midday, the ICT provider saw its share price tumble 37.74%, or 30 sen to 50 sen. In the past five trading sessions, it has fallen almost 43%.

Bursa Malaysia, in its query, asked Artroniq to disclose any corporate developments, rumours or reports concerning the business and affairs of the group which may account for the UMA.

“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.