Bursa Securities queries Yen Global


Foreigners offloaded -RM19.5bil and -RM6.9bil in 2015 and 2014 respectively.


KUALA LUMPUR: Bursa Malaysia Securities Bhd has queried Yen Global Bhd over the rise in price and volume of the shares recently.

The regulator had on Friday advised investors to take note of the integrated apparel manufacturer’s reply to the query which would be posted on its website when making their investment decision.

Bursa Securities also directed the company to enquire with the directors, major shareholders and other relevant persons over the unusual market activity.

At 4.46pm, it was up 1.5 sen to 50 sen. There were 14.81 million shares done at prices ranging from 48.5 sen to 50.5 sen.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil nudges higher after Saudi Arabia hikes prices
China's services activity eases in April but still solid, Caixin PMI shows
No knee-jerk decline in Carlsberg sales following price hike
Ringgit opens higher against US$ as greenback weakens
Foreign inflow to Bursa Malaysia surges to RM1.06bil net
Domestic equities get boost from global demand
Trading ideas: BHIC, Naza, F&N, Pestech, PetGas, XIX, TT Vision, Uzma, WTK, Ranhill, Farm Price, Sarawak Cable, SLP
Fed’s Williams says 2% inflation target ‘critical’
TD risks earnings hit from US probe
Promoting Techcombank as industry leader

Others Also Read