KUALA LUMPUR: Bursa Malaysia Securities Bhd has queried ACE Market-listed INFORTECH ALLIANCE BHD [] on Friday, Oct 15 over the unusual market activity (UMA) in the trading of its shares.
Bursa Securities had queried Infortech over the unusually high volume in the trading of the company's shares.
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 enquiries with the directors and major shareholders seeking the cause of the UMA in the company's shares.
At 12.07pm, Infortech was down four sen to 14 sen with 31.1 million shares traded.
Bursa Securities had queried Infortech over the unusually high volume in the trading of the company's shares.
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 enquiries with the directors and major shareholders seeking the cause of the UMA in the company's shares.
At 12.07pm, Infortech was down four sen to 14 sen with 31.1 million shares traded.
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