Monday, March 7, 2011

Bursa Securities maintains upper limit for Kulim-WC

KUALA LUMPUR: Bursa Malaysia Securities Bhd has maintained the upper limit for Kulim Bhd's warrants, Kulim-WC at 90.5 sen, which was the price which it closed at the midday break on Monday, March 7.

At 12.30pm, Kulim-WC rose 30 sen to 90.5 sen with 4.33 million units done.

Bursa Securities said the stock had traded at limit up price for two consecutive sessions.

'As such we will maintain the Upper Limit for the stock as per this morning session's price according to Rule 701.11 (1)(d) Trading Safeguards and Trading Manual Chapter 5 Trading Status (5.4).

'The upper and lower limit of next session will continue to be 90.5 sen and 30.5 sen respectively,' it said.

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