Prospects The global economic environment continues to be uncertain and volatile. The results for the remaining quarter of this financial year are expected to remain very challenging.
WONG-Unusual Market Activity ("UMA") query by Bursa Securities
WONG ENGINEERING CORPORATION BERHAD
LISTING'S CIRCULAR NO. L/Q : 68836 OF 2013
Bursa Malaysia Securities Berhad has on 20 September 2013 issued an UMA query on the sharp rise in price and volume in WONG’s securities. In this respect, 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, http://announcements.bursamalaysia.com when making their investment decision.
The contents of the UMA query is as follows:-
We draw your attention to the sharp rise in price and volume of your Company’s shares today (“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 Listing Requirements :-
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 decision; 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.
the pattern shownig strong uptrend....... news going to be announced by the management.... i believe it should be in this week........ it should touch RM1 soon........
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3169 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
klse88
264 posts
Posted by klse88 > 2013-09-20 19:40 | Report Abuse
Where hv u been 3331? Why now come? And talk negative..