Wednesday, November 9, 2011

Emico says unaware cause for unusual mkt activity

KUALA LUMPUR (Nov 9): Emico Bhd, whose shares and warrants had surged in active trade on Wednesday, said it was unaware of the reasons.

In its reply to Bursa Malaysia Securities, it said the board of directors, after making enquiries, was unaware for the factors causing the unusual market activity.

Emico said it was not aware of any corporate developments relating to the group's business and affairs which had not been previously announced.

It also said it was unaware of any rumour or report concerning the business and affairs of Emico group that may account for the unusual market activity.

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