Thursday, June 24, 2010

Bursa Securities queries SEG International

KUALA LUMPUR: Bursa Malaysia Securities Bhd has queried SEG INTERNATIONAL BHD [] on Thursday, June 24 over the unusual market activity (UMA) in the trading of its shares.

Bursa Securities had queried SEGi over the sharp rise in price in the shares recently.

It said in accordance with the corporate disclosure policy on response to UMA, the company had to provide Bursa Securities with an announcement for public release after making due enquiry with the directors and major shareholders seeking the cause of the UMA in the company's shares.

At 10.33am, SEG was up 16 sen to RM4.65 with 174,000 shares traded.

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