MQ Technology Bhd is unaware about the sharp rise in volume of the company’s share recently.
In response to a query from Bursa Malaysia Securities Bhd, it said on Monday that it was not aware of any rumour or report concerning the business and affairs of the group that may account for the trading activity.
MQ added it was not aware of any other possible explanation to account for the trading activity.
To recap, it said that on Feb 27, 2015 it had signed a heads of agreement with Cash Support Sdn Bhd to form a joint venture which will enter into a lease over a parcel of land in Malacca to be developed into a theme park.
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In response to a query from Bursa Malaysia Securities Bhd, it said on Monday that it was not aware of any rumour or report concerning the business and affairs of the group that may account for the trading activity.
MQ added it was not aware of any other possible explanation to account for the trading activity.
To recap, it said that on Feb 27, 2015 it had signed a heads of agreement with Cash Support Sdn Bhd to form a joint venture which will enter into a lease over a parcel of land in Malacca to be developed into a theme park.
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