Tuesday, June 29, 2010

Bursa Securities queries Sinotop

KUALA LUMPUR: Bursa Malaysia Securities Berhad has issued an usual market activity query on the trading of Sinotop Holdings Bhd's shares.

The regulator had on Tuesday, June 29 queried the company over the sharp increase in the share price recently.

It directed Sinotop to furnish it with an announcement for public release after making due enquiry with the directors and major shareholders seeking the cause of the unusual market activity in the shares.

At 3.16pm, Sinotop was up 6.5 sen to 67 sen with 14.7 million shares done but Sinotop-OR fell 27 sen to 13.5 sen with 69.26 million units transacted.




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