KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to MMAG Holdings Bhd
today following the sharp fall in the price of its shares recently.
It has asked the company to clarify if there are any undisclosed corporate developments, rumours or other possible explanations for the trading activity, and to confirm its compliance with disclosure requirements.
In a separate announcement, Bursa Malaysia has suspended the intraday short-selling (IDSS) for MMAG stocks after their last done price dropped by more than 15 per cent or 15 sen from the reference price.
The short selling under IDSS will only be activated the following trading day, Nov 4, 2025 at 8.30 am.
At lunch break, MMAG shares slid 20 sen or 43.48 per cent to 26 sen with 20.66 million shares traded. - Bernama
