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EURO - Unusual Market Activity
EURO - Unusual Market ActivityILC-05012021-00002Bursa Malaysia Securities Berhad has on 05 January 2021 issued an UMA query onthe sharp rise in the price of EURO shares recently. In this respect,investors are advised to take note of the Company?s reply to the above UMAquery which will be posted at Bursa Malaysia?s website under the companyannouncements,http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision. The contents of the UMAquery is as follows:- We draw your attention to the sharp rise in price andvolume of your Company?s shares recently (?trading activity?). In light ofthe above and in order for investors to be able to make informed investmentdecisions, you are requested to respond, after making due enquiry with yourdirectors, major shareholders and such other relevant persons, to the followingqueries immediately for public release in accordance with Paragraph 9.11 of theMain Market Listing Requirements ("LR"): 1. Whether there is any corporatedevelopment relating to your Group?s business and affairs that has not beenpreviously announced that may account for the trading activity including thosein the stage of negotiation/discussion. If yes, kindly provide the detailsincluding status of the corporate development to enable investors to makeinformed investment decisions; 2. Whether there is any rumour or reportconcerning the business and affairs of the Group that may account for thetrading activity and in this respect, you are required to comply withParagraphs 9.09 and 9.10 of Bursa Securities LR; 3. Whether you areaware of any other possible explanation to account for the trading activity;and 4. Whether you are in compliance with the Bursa Securities LR, inparticular Paragraph 9.03 of the Bursa securities LR on immediate disclosureobligations. Please note that the contents of the announcement must beendorsed by the Board of Directors of the Company and the announcement mustreach Bursa Securities immediately via Bursa LINK.Vice President MSDYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
