Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
TOYO VENTURES HOLDINGS BERHAD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-27122022-00001 |
Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
Description | TOYO VENTURES HOLDINGS BERHAD ("TVHB" or "the Company") - UNUSUAL MARKET ACTIVITY |
Query Letter Contents | We draw your attention to the sharp rise in price and trading 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 from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 27th December 2022 querying Toyo Ventures Holdings Berhad (“TVHB” or “the Company”) on an unusual market activity in relation to the sharp increase in price and high volume of the Company's securities recently.
TVHB reiterates that, after making due enquiry with the available directors and major shareholder of the Company, apart from the above-mentioned factors, TVHB is not aware of any of the following that may have contributed to the unusual market activity:
The Company undertakes that it will make the necessary announcement to Bursa Securities of any material information in compliance with the MMLR, in particular, Paragraph 9.03 of the MMLR on immediate disclosure obligations. |
Announcement Info
Company Name | TOYO VENTURES HOLDINGS BERHAD |
Stock Name | TOYOVEN |
Date Announced | 27 Dec 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-27122022-00042 |