KUALA LUMPUR: Excel Force MSC Bhd
’s warrants hit limit up, putting on a hefty 31.52% or 29 sen to reach RM1.21 at midday.
The mother share was up 22 sen, or 14.29% to RM1.76 despite Bursa Securities queries.
Bursa Malaysia Securities has on Monday queried Excel Force over the sharp rise in its share price recently.
Bursa Securities advised investors to take note of the company’s reply to the unusual market activity (UMA) query which would be posted at Bursa Malaysia’s website when making their investment decision.
Excel Force said it was unaware of the reasons for the unusual market activity (UMA) after it had enquired with its directors and major shareholders.
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