General Announcement for PLC
18/05/2022Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
COUNTRY HEIGHTS HOLDINGS BHD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-18052022-00002 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description | COUNTRY HEIGHTS HOLDINGS BERHAD ("CHHB" or "the Company") -UNUSUAL MARKET ACTIVITY |
Query Letter Contents | We draw your attention to the sharp fall in price and rise in volume of your Company’s shares today (“trading activity”).
Yours faithfully, Bursa Malaysia Securities Berhad |
Reference is made to the letter dated 18 May 2022 received from Bursa Malaysia Securities Berhad (“Bursa Securities”) querying on the unusual market activity (“UMA”) of CHHB in relation to the recent sharp rise in price and volume of the Company’s shares.
The Board of Directors of CHHB (“Board”) wishes to confirm that, to the best of our knowledge and after making due enquiry with all the Company’s directors, major shareholder as well as such other relevant persons, the following:
1. The Board is not aware of any corporate developments relating to the Group’s business and affairs that has not been previously announced that may account for the trading activity including in the stage of negotiation/discussion.
2. The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity.
3. The Board is not aware of any possible explanation to account for the trading activity.
4. The Company is in compliance with the Bursa Securities Listing Requirements, in particular Paragraph 9.03 of the Bursa Securities Listing Requirements on immediate disclosure obligations.
This announcement is dated 18 May 2022. |
Announcement Info
Company Name | COUNTRY HEIGHTS HOLDINGS BHD |
Stock Name | CHHB |
Date Announced | 18 May 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-18052022-00051 |