Barefoot Investor: Bursa Securities queries Sarawak Consolidated

Bursa Malaysia Securities Bhd has issued an Unusual Market Activity (UMA) query to Sarawak Consolidated Industries Bhd (SCIB) on Wednesday, July 27 due to the stock price hitting limit-up in the morning trading session today.

SCIB rose 30 sen to 65 sen as at 2.37pm with 3.8 million shares done.
Bursa said in accordance with the Listing Requirements, SCIB was to publicly confirm if there were any corporate developments or rumours concerning the business that may account for the UMA. (


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