MKH Berhad has denied a report suggesting a corporate exercise may be in the works, following an unusual surge in its share price and trading volume that prompted a query from Bursa.
The group said Bursahad issued an unusual market activity (UMA) query on May 15, 2026, seeking clarification on the recent sharp increase in the company’s share price and trading activity.
Responding to the query, the board said it had conducted due enquiries with its directors and major shareholder, Chen Choy & Sons Realty Sdn. Bhd..
According to MKH, the major shareholder confirmed that it periodically engages in discussions with external parties. However, the company stressed that there is currently no assurance that any discussions would lead to a definitive agreement or transaction.
The company also addressed an article published by The Edge on May 18 titled “Corporate exercise in the offing at MKH”.
“We wish to categorically deny the contents of The Edge Article,” MKH said in the filing.
The group added that it would make the appropriate announcement in compliance with Bursa Malaysia’s listing requirements should any material developments arise.
MKH also said its business operations remain normal and materially unchanged.
