Ipmuda not aware of reason for spike in share price


- File pic

KUALA LUMPUR: Ipmuda Bhd, which was issued an unusual market activity (UMA) query by Bursa Malaysia Securities Bhd, is unaware of any reason for the sharp rise in the price and trading volume of its shares.

It said there was no corporate development that had not been previously announced and that the company was also not aware of any rumour or report concerning its business and affairs that might account for the trading activity.

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