Bursa Malaysia Securities Berhad has issued a trading caution on Hextar Technologies after the recent sharp rise in the price of its shares.
According to the Exchange, the company’s response to the Unusual Market Activity Queries issued by Hextar Company has in its response to the UMA Queries confirmed that it was not aware of any corporate development or explanation that could give rise to the unusual trading activities in its shares.
Bursa Malaysia Securities said it would like to advise investors to exercise caution and to make informed decisions in the trading of the shares. The Exchange also said it will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of Hextech shares.