PETALING JAYA: MUI Properties Bhd has received an unusual market activity (UMA) query from Bursa Malaysia Securities today due to the sharp rise in its share price and trading volume.
At the close today, the property developer’s shares rose by 10.5 sen or 42.86% to 35 sen, with 41.33 million shares changing hands.
It opened at 25 sen and touched its highest level at 36.5 sen during the trading session.
“Investors are advised to take note of the company’s reply to the UMA query which will be posted on Bursa Malaysia’s website under the company announcements section when making their investment decision,” Bursa said in a filing today.