Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
AMTEL HOLDINGS BERHAD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-15102020-00003 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY Amtel Holdings Berhad ("AHB" or "Company") |
Query Letter Contents | We draw your attention to the sharp rise in price and volume of your Company’s shares today (“trading activity”).
Yours faithfully, Bursa Malaysia Securities Berhad |
Reference is made to the letter dated 15 October 2020 from Bursa Malaysia Securities Berhad ("Bursa Securities").
In accordance with Paragraph 9.11 of the Main Market Listing Requirements ("LR") of Bursa Securities, the Board of Directors of AHB ("Board") after having made due enquiries with all the Directors, major shareholders and such other relevant persons, wishes to inform that to the best of our knowledge and belief:
(1) There is no corporate development relating to the Group's business and affairs that has not been previously announced that may account for the trading activity.
(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) 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 LR of Bursa Securities, in particular Paragraph 9.03 of the LR of Bursa Securities on the immediate disclosure obligations.
This announcement is dated 15 October 2020.
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Announcement Info
Company Name | AMTEL HOLDINGS BERHAD |
Stock Name | AMTEL |
Date Announced | 15 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-15102020-00097 |