Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
DATAPREP HOLDINGS BHD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-01032021-00003 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description | Dataprep Holdings Bhd (Dataprep) -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 |
Reply to Query Reference is made to the letter dated 1 March 2021 (IQL-01032021-00003) from Bursa Malaysia Securities Berhad (“Bursa Securities”) regarding the surge in the price and volume of Dataprep Holdings Bhd (“Dataprep”)’s shares (“trading activity”).
The Board of Directors of Dataprep wishes to inform that to the best of their knowledge and after due enquiry on the matter with its Directors and major shareholders, Dataprep is not aware of any of the following as listed below as no. 1 to 4, that may have contributed to the unusual market activity other than the announcements dated 16 February 2021 and 23 February 2021 in relation to the Proposed Private Placement and the announcement on 15 February 2021 in relation to the proposed acquisition of 510,000 ordinary shares in RIDAA Associates Sdn Bhd representing 51% of the total issued and paid-up share capital:
Dataprep Group has been continuously working for new opportunities to enhance the value of the Company. The Board of Directors will make the necessary announcement and comply with Bursa Securities Listing Requirements, in particular Paragraph 9.03 of The Main Market Listing Requirements on immediate disclosure obligations.
This announcement is dated 2 March 2021. |
Announcement Info
Company Name | DATAPREP HOLDINGS BHD |
Stock Name | DATAPRP |
Date Announced | 02 Mar 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-02032021-00025 |