Can-One says unaware of reason for share price jump

PETALING JAYA: Can-One Bhd, which closed at a multi-year high of RM4.54 on Monday, has clarified in its response to Bursa Malaysia’s unusual market activity query that it was unaware of the cause for the share price hike.

It said that as part of its corporate objective, the company was always looking for and evaluating business opportunities that were “synergistic with the group’s corporate strategy.”