Kuala lumpur: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Tan Chong Motor Holdings Bhd following a sharp rise in the price and volume of its shares. At the close today, Tan Chong’s share price rose 21 sen, or 36.2 percent, to 79 sen, with 29.61 million shares transacted.
According to BERNAMA News Agency, Bursa Malaysia advised investors to take note of the company’s reply to the UMA query. The response will be posted on Bursa Malaysia’s website under the company announcements section. Investors are encouraged to consider this information when making their investment decisions.