Bursa Malaysia Issues UMA Query To Nationgate After Sharp Fall In Share Price

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to NationGate Holdings Bhd following the sharp fall in the price of its shares today.

At the close today, the counter hit the limit down, as the share price shed 55 sen, or 29.73 per cent, to RM1.30, with 48.85 million shares transacted.

“Investors are advised to take note of the company’s reply to the above UMA query, which will be posted on Bursa Malaysia’s website under the Company Announcements (section) when making their investment decision,” Bursa Malaysia said in a statement today.

NationGate is a leading provider of electronics manufacturing services, specialising in cutting-edge solutions since 2010.

-- BERNAMA