Hibiscus gets UMA query from Bursa


KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Hibiscus Petroleum Bhd due to the sharp increase in its share price.

In a statement yesterday, Bursa advised investors to take note of Hisbiscus' reply to the query, which would be posted on the regulator's website, when making their investment decision.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Axiata's net profit jumps to RM273.8mil in 1Q
SC launches social exchange platform, aims for accountability in charitable funding
BPMB, Matrade team up for RM700mil BizConnect initiative, driving export growth
Malaysia retains competitive edge in global halal industry through Jakim - BMI
Toshifumi Suzuki, father of Japan's convenience stores, dies at 93
Singapore economy beats expectations in Q1 with 6% annual growth, risks ahead
Stocks rise sharply, oil and dollar slip on Middle East peace hopes
Local institutions extend net buying streak to six weeks on Bursa Malaysia
Ringgit opens higher against greenback on improved sentiment
FBM KLCI little changed as oil prices fall below US$100/barrel

Others Also Read