Chin Hin responds to UMA query


In a reply to the UMA query yesterday, Chin Hin said it is not aware of any corporate development relating to the group’s business and affairs that has not been previously announced that may account for the trading activity.

PETALING JAYA: Chin Hin Group Bhd, which received an unusual market activity (UMA) query from Bursa Malaysia earlier, says it is unaware of any reason for the sharp rise in its share price recently.

In a reply to the UMA query yesterday, Chin Hin said it is not aware of any corporate development relating to the group’s business and affairs that has not been previously announced that may account for the trading activity.

It said this included those in the stage of negotiation/discussion, save and except for its proposed bonus issue and disposal of shares in Solarvest Holdings Bhd.

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