Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
CYL CORPORATION BERHAD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-22032021-00001 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description | CYL CORPORATION BERHAD ("CYL" OR "THE COMPANY") 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”).
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 :
Yours faithfully, Bursa Malaysia Securities Berhad |
Reference is made to the letter dated 22 March 2021 (IQL-22032021-00001) received from Bursa Malaysia Securities Berhad (“Bursa Securities”) making an enquiry on the unusual market activity (“UMA”) of CYL in relation to the recent sharp rise in price and trading volume of the Company’s shares.
The Board of Directors of CYL (“Board”) wishes to confirm, to the best of our knowledge and after making due enquiry with all the Company’s directors, major shareholders as well as such other relevant persons, the following:
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Announcement Info
Company Name | CYL CORPORATION BERHAD |
Stock Name | CYL |
Date Announced | 22 Mar 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-22032021-00054 |