Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
PDZ HOLDINGS BHD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-10072020-00001 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description | PDZ HOLDINGS BHD. ("PDZ" OR "THE COMPANY") - REPLY TO QUERY LETTER ON UNUSUAL MARKET ACTIVITY |
Query Letter Contents | We draw your attention to the sharp rise in price and volume of your Company’s shares recently (“trading activity”).
Yours faithfully, Bursa Malaysia Securities Berhad |
Reference is made to the letter dated 10 July 2020 (IQL-10072020-00001) from Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the sharp rise in price and volume of PDZ’s shares recently (“trading activity”).
Pursuant to Paragraph 9.11 of the Main Market Listing Requirement (“LR”) of Bursa Securities, the Board of Directors of PDZ, after having made due inquiries with all the Directors, Major Shareholders and such other relevant persons, wishes to inform that to the best of their knowledge, the following:-
1) There are no 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 Directors are not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity;
3) The Directors are not aware of any other possible explanation to account for the trading activity; and
4) The Company is in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.
This announcement is dated 10 July 2020. |
Announcement Info
Company Name | PDZ HOLDINGS BHD |
Stock Name | PDZ |
Date Announced | 10 Jul 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-10072020-00031 |