KUB UNAWARE OF REASONS FOR SHARE PRICE INCREASE
KUALA LUMPUR, Jan 4 (Bernama) – KUB Malaysia Bhd said today that it was not aware of any corporate development, rumour or report or any other possible explanation to account for the surge in the company's share price yesterday and today.
In a filing with Bursa Malaysia, the company declared that the company was in compliance with the listing requirements (LR), in particular rule 9.03 of the LR on immediate disclosure obligations.
At 4.47 pm, KUB’s share price was up 2.0 sen at 39.5 sen with 34.80 million shares transacted. It closed at 37.5 sen, up 13.5 sen, on Thursday.
KUB is a diversified group involved in oil palm plantation, information and communication technology, energy, property and power industries.
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