Ajinomoto (Malaysia) Bhd's recent share price surge has come under scrutiny of Bursa Malaysia Securities Bhd which issued it an unusual market activity (UMA) query.
The regulator had on Monday ordered the food seasoning company to provide a reason for the UMA after enquiring with the directors, major shareholders and such other relevant persons.
At 12.30pm, Ajinomoto was up 34 sen to RM13.28 with 34,500 shares done.
Its share price has surged 15.4% from RM11.50 on May 16. Over the past 30 days, its share price has jumped 41.2% from RM9.40.
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The regulator had on Monday ordered the food seasoning company to provide a reason for the UMA after enquiring with the directors, major shareholders and such other relevant persons.
At 12.30pm, Ajinomoto was up 34 sen to RM13.28 with 34,500 shares done.
Its share price has surged 15.4% from RM11.50 on May 16. Over the past 30 days, its share price has jumped 41.2% from RM9.40.
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