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Bursa Malaysia slaps Borneo Aqua Harvest with UMA query

March 14, 2018 7:02 AM
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PETALING JAYA: Borneo Aqua Harvest Bhd was slapped with an unusual market activity (UMA) query by Bursa Malaysia after rising more than 20% since early this month.

At 2.50pm, its share price fell 3 sen or 2.5% to RM1.19, with some 6.74 million shares changing hands.

The company was required to disclose any corporate development, rumour/report or other possible explanation that could have contributed to the spike in its share price.

Borneo Aqua, which is involved in aquaculture business, saw a widened net loss of RM8.24 million for nine months ended December 31, 2017 against RM982,000 in the same period a year ago.

Source: thesundaily.my

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