Monday, December 12, 2011

Sersol unaware of unusual market activity, susp

KUALA LUMPUR (Dec 12): SERSOL TECHNOLOGIES BHD []'s shares were suspended from trading since 3.56pm on Monday after the company announced it was unaware of the reasons for the unusual market activity.

Trading will resume at 9am on Tuesday, according to a Bursa Malaysia Securities circular.

The company was earlier queried by Bursa Securities over the sharp rise in price and high volume in the shares recently.

Sersol, in its reply to the regulator, said the directors and major shareholders were not aware of any factors which might have contributed to the unusual market activity.

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