Bursa Malaysia issues UMA query to Sersol

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KUALA LUMPUR: Bursa Malaysia Securities Bhd (Bursa Malaysia) has issued an Unusual Market Activity (UMA) query to Sersol Technologies Bhd (Sercol) yesterday due to the recent sharp rise in price and high volume in the company’s shares.

As at 11.29am, its share price was 6.5 sen or 23.63 per cent higher at 34 sen.

The UMA query was posted on Bursa Malaysia’s website, www.bursamalaysia.com, under the classification of ‘Listing Circular’, said Bursa in a statement.

It said investors were advised to take note of Selsol’s reply to the UMA query which will be posted on Bursa Malaysia’s website under company announcements, http://announcements.bursamalaysia.com, when making its investment decision. — Bernama