VINVEST

0.045

(%)

Letter Subject or Reference - UNUSUAL MARKET ACTIVITY

VINVEST CAPITAL HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-16052023-00004
Subject Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Description
VINVEST CAPITAL HOLDINGS BERHAD
 -Unusual Market Activity
Query Letter Contents

We draw your attention to the sharp fall in price 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 :

1. Whether there is any corporate development relating to your 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. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions
2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;      
3. Whether you are aware of any other possible explanation to account for the trading activity; and       
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.


Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.

 

Yours faithfully,

Bursa Malaysia Securities Berhad

We refer to the letter dated 16 May 2023 from Bursa Malaysia Securities Bhd (“Bursa Securities”) querying on the sharp fall in the price of the Company’s shares recently.

 

The Board of Directors of Vinvest Capital Holdings Berhad (“Board”) wishes to clarify that, to the best of our knowledge and after making due enquiry with the Company’s directors, major shareholders and such other relevant persons, the Board is not aware of any :​

 

1.   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.   Rumour or report concerning the business and affairs of the Group’s that may account for the trading activity; and

3.   Possible explanation to account for the trading activity.

 

The Company is in compliance with the Listing Requirements of Bursa Securities ("Listing Requirements"), in particular Paragraph 9.03 of the Listing Requirements on immediate disclosure obligations, and will make the necessary announcement to Bursa Securities of any material information in compliance with the Listing Requirements.

 

This announcement is dated 17 May 2023.





Announcement Info

Company Name VINVEST CAPITAL HOLDINGS BERHAD
Stock Name VINVEST
Date Announced 17 May 2023
Category General Announcement for PLC
Reference Number GA1-17052023-00022