CFM responds to UMA query

PETALING JAYA: Computer Forms (M) Bhd (CFM) is unaware of any unexpected factors that led to the 42% plunge in its share price on Wednesday that led to Bursa Malaysia issuing the company with an unusual market activity (UMA) query.

The stock plummeted to a RM1.49 close on Wednesday, with the regulator prompting the group to clarify if there were any corporate developments or rumours relating to its business and affairs that have not been previously announced, which could have accounted for the price dive.