Trade in Grand Hoover shares suspended after 80% jump


PETALING JAYA: After receiving an unusual market activity (UMA) query from Bursa Malaysia, little-known property and construction firm Grand Hoover Bhd, which saw its share price soar more than 80% in the first half of the trading day, was subsequently suspended from 3.33pm yesterday.

In an announcement, the company said it was not aware of any corporate developments, rumours or reports, or any other possible explanation that may result in the limit-up in its share price.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Grand Hoover Bhd

   

Next In Business News

Main Market-bound Feytech IPO public portion oversubscribed
Bursa lifts Awantec's affected issuer status
SC charges Pixelvest and former Infinity Trustee director with unlicensed capital market offences
Ringgit ends firmer against US dollar
InNature buys 'Burger & Lobster' franchise, eyes expansion into F&B Sector
Bank Negara fines Habib with RM96,250 for AMLA non-compliance
Pharmaniaga says 'stands firm' on financial recovery to exit PN17
Kobay gets UMA query from Bursa Malaysia
LFE gets RM8.27mil piling work
Jiankun expects GDV of its projects to soar to RM2bil under new leadership

Others Also Read