Monday, October 17, 2011

Bursa queries Harvest Court

KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an Unusual Market Activity (UMA) query on HARVEST COURT INDUSTRIES BHD [] on Monday, Oct 17 over the sharp price increase in the company's securities recently.

In an announcement Oct 17, Harvest Court was asked to confirm whether there was any corporate development relating to its business and affairs that had not been previously announced that might account for the unusual market activity; or if there was any rumour or report concerning the business that could account for the jump in its share price.

At 10.35am, Harvest Court was up three sen to 17.5 sen with 20.3 million shares done, while its warrants rose one sen to 7 sen with 10.26 million units done.

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