Dataprep in the dark on share price spike


Moody's outlook on the Korean banking system has been negative since May 2016.

KUALA LUMPUR: Dataprep Holdings Bhd, whose share price has soared by 57% in a span of a week, is not aware of the reason behind the spike.

In reply to Bursa Malaysia Securities’ unusual market activity query, the information technology service provider said after due enquiry with its directors and major shareholders, it was not aware of any unannounced corporate development, rumour or report, or any other factor that might have accounted for the trading activity.

Dataprep shares, which closed 2017’s first day of trading on Jan 3 (Tuesday) at 14 sen, have reached 22 sen at the end of trading on Monday this week.

The counter gained 1.5 sen to close at 22 sen on Monday, with 21.97 million shares changing hands.  

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