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Letter Subject Or Reference - Unusual Market Activity

BackOct 02, 2015
Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-01102015-00004
Subject Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Description

Aemulus Holdings Berhad ("Aemulus" or "the Company")

- UNUSUAL MARKET ACTIVITY

Query Letter Contents

We draw your attention to the sudden rise in volume and price of your Company's shares today ("trading activity").

In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with Rule 9.11 of ACE Market Listing Requirements ("LR"):-

1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of the LR; 

3. whether you are aware of any other possible explanation to account for the trading activity; and

4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.





...2/-







Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.

 

Yours faithfully




TAN YEW ENG
Vice President, Issuers 
Listing Division
Regulation


TYE/YLS

We refer to Bursa Malaysia Securities Berhad’s letter dated 1 October 2015 in relation to the unusual market activity (“UMA”) of the Company’s shares.

In accordance with Rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“LR”), the Board of Directors of the Company wishes to clarify that to the best of their knowledge and after having made due enquiries with the directors, major shareholders and such other relevant persons, the Company is not aware of any of the following :-

  1. Corporate development relating to the Company’s and its subsidiary's businesses and affairs that has not been previously announced that may account for the UMA including those in the stage of negotiation / discussion;
  2. Rumour or report concerning the business and affairs of the Company and its subsidiary that may account for the UMA;
  3. Possible explanation to account for the UMA.

Further, the Board wishes to confirm that the Company is in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.

This announcement is dated 2 October 2015.




Announcement Info

Company Name AEMULUS HOLDINGS BERHAD
Stock Name AEMULUS
Date Announced 02 Oct 2015
Category General Announcement for PLC
Reference Number GA1-02102015-00002