BURSA ISSUES UMA QUERY TO MAGNA PRIMA

16 Jul 2013 07:54

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Magna Prima Bhd due to the limit-up in price of the company's shares.

Bursa Malaysia, in a statement, advised investors to take note of the company's reply to the query which would be posted on Bursa Malaysia's website under company announcements.

Limit up refers to the maximum amount by which the price of a stock may advance in a single trading session while limit down refers to the maximum price drop allowed. The price band for stocks priced below RM1 on Bursa Malaysia is 30 sen, while for those RM1 and above is 30 per cent.

-- BERNAMA

MKI MKI VMD