General Announcement for PLC

19/04/2016

UNUSUAL MARKET ACTIVITY

EKA NOODLES BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-18042016-00003
Subject UNUSUAL MARKET ACTIVITY
Description
EKA Noodles Berhad ("the Company")
- Unusual Market Activity
Query Letter Contents

We draw your attention to the recent surge in volume of your Company’s securities (“trading activity”).
In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of the Main Market Listing Requirements ("LR"):

1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions
2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;      
3. Whether you are aware of any other possible explanation to account for the trading activity; and       
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.

 

Yours faithfully,
HENG TECK HENG
Vice President, Issuers,
Listing Division, Regulation
HTH/TEK

We refer to Bursa Malaysia Securities Berhad's letter dated 18 April 2016 in relation to the unusual market activity (“UMA”) of the Company’s shares.

Pursuant to Paragraph 9.11 of the Main Market Listing Requirements (“LR”) of Bursa Malaysia Securities Berhad, the Board of Directors of the Company, after having made due enquiries, wishes to clarify that the Company is not aware of :

  1. Any corporate development relating to the Group’s business and affairs that has not been previously announced that may account for the UMA including those in the stage of negotiation/discussion.
  2. Any rumour or report concerning the business and affairs of the Group that may account for the UMA.
  3. Any possible explanation to account for the UMA.

The Board wishes to confirm that the Company is in compliance with Paragraph 9.03 of the LR of Bursa Malaysia Securities Berhad on immediate disclosure obligations.

This announcement is dated 19 April 2016.





Announcement Info

Company Name EKA NOODLES BERHAD
Stock Name EKA
Date Announced 19 Apr 2016
Category General Announcement for PLC
Reference Number GA1-19042016-00002