Bursa Securities queries G Capital over fall in share price

TheStar Wed, Sep 09, 2020 11:36am - 1 year View Original

Bursa HQ111

KUALA LUMPUR: Bursa Malaysia Securities has issued an unusual market activity query to G Capital Bhd over the sharp fall in the share price recently.

The regulator said in a statement on Wednesday investors were advised to take note of the company’s reply to the query.

It queried the company whethere there was any corporate development relating to your group’s business and affairs that has not been previously announced that may account for the trading activity.

The share price tumbled from a high of RM1.31 to close at RM1.09 on Aug 11. Since Sept 1, it had fallen from 77.5 sen to 68 sen at 11.26am on Wednesday.

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