Bursa Malaysia Issues UMA Query To Bus Cap After Sharp Share Price Rise

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Bus Cap Bhd, following a sharp rise in the price and trading volume of its shares today.

At the close today, the company’s share price surged by 22.5 sen, or 22.61 per cent, to RM1.22, with 9.02 million shares traded.

“Investors are advised to take note of the company’s reply to the above UMA query, which will be posted at Bursa Malaysia’s website under the company announcements when making their investment decision," Bursa Malaysia said in a statement today.

The company focuses on mobility, manufacturing, engineering, fleet technology and transportation solutions.

-- BERNAMA