Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
| MCLEAN TECHNOLOGIES BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-18092025-00001 |
| Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
| Description | MCLEAN TECHNOLOGIES BERHAD ("MCLEAN" OR "THE COMPANY")
-Reply to Query Letter dated 18 September 2025 |
| Query Letter Contents | We draw your attention to the sharp rise in price and volume of your Company’s shares recently (“trading activity”).
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, Bursa Malaysia Securities Berhad |
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With reference made to the query received from Bursa Malaysia Securities Berhad (“Bursa Securities”) on 18 September 2025 pertaining to the unusual market activity of the Company on the sharp rise in price and volume of the Company's shares on the even date ("trading activity"), the Board of Directors of the Company (the "Board") wishes to confirm that, to the best of our knowledge and after making due enquiry with all the Company Directors, major shareholders and other relevant person:
1. The Board is not aware of any corporate development relating to the 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.
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. To the best of our knowledge, the Board is not aware of any other possible explanation to account for the trading activity.
4. The Company and the Board are in compliance with the ACE Market Listing Requirements (“AMLR”) of Bursa Securities, in particular Rule 9.03 of the AMLR of Bursa Securities on the immediate disclosure obligations.
This announcement is dated 18 September 2025.
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Announcement Info
| Company Name | MCLEAN TECHNOLOGIES BERHAD |
| Stock Name | MCLEAN |
| Date Announced | 18 Sep 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18092025-00093 |