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Published: Thursday December 6, 2012 MYT 5:20:00 PM

Bursa Securities queries Takaso Resources after share price surge

KUALA LUMPUR: Takaso Resources Bhd's shares surged in active trade on Thursday, prompting Bursa Malaysia Securities to issue an unusual market activity (UMA) query.

At the close, Takaso's share price had jumped 21.5 sen to 47 sen, the highest since Aug 29, 2011. It was the most active with 88.25 million shares done.

Takaso-WB rose 2.5 sen to 16 sen with 64.11 million warrants done.

The FBM KLCI closed up 2.44 points to 1,616.23. Turnover was 881.16 million shares valued at RM1.24bil. Turnover was 881.16 million shares valued at RM1.24bil.

Bursa Securities advised investors to take note of the company's reply to the UMA query which would be posted on the Bursa Malaysia website.

In the financial year ended July 31, 2012, it posted net loss of RM2.13mil on the back of RM42.65mil in revenue. Its net asset per share was 30 sen.

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