Monday 2 November 2015

Bursa Securities queries Idimension over surge in volume

Bursa Malaysia Securities Bhd has queried Idimension Consolidated Bhd over the sudden rise in volume of the shares on Monday.

At 11.27am, it was the most active counter with 93.56 million shares done. The share price ranged from 11 sen to 12.5 sen.

It was unchanged at 11.5 sen.

Bursa Securities had advised investors to take note of the company’s reply to the unusual market activity query when making their investment decision.

It directed the company to enquire with the directors, major shareholders and other relevant persons whether there was any corporate development that might account for the trading activity including those in the stage of negotiation/discussion.

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