Unusual reply to UMA query

ON May 15, 2026, at exactly 4.48pm, MKH Bhd was issued an unusual market activity (UMA) query by Bursa Malaysia, as at that point in time, the company’s share price had surged 54.5 sen or 60% from its closing price of 91.5 sen on May 13. Trading volume on the company’s shares also skyrocketed, with almost 9.4 million shares changing hands on May 14, before rising to 26.7 million shares the following day.

The timing of the filing of the UMA query was at an interesting time, as it was made during the auction period, and at a time when MKH’s share price had already hit the maximum limit-up price for the day.