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Bursa Malaysia Securities wishes to draw investors' attention to the recent sharp rise in the price of LAYHONG shares and to the Company’s responses to the Unusual Market Activity queries issued by Bursa Malaysia Securities on 2 October 2015, 2 November 2015 and 19 January 2016. The Company has in its latest response to UMA query confirmed that it was not aware of any corporate development or explanation that could give rise to the unusual trading activities in its shares, save and except for the announcements made on 11, 13 and 15 January 2016. On 22 January 2016, the Company announced a confirmation of a Direct Business Transaction on LAYHONG shares on 21 January 2016.
Notwithstanding LAYHONG’s recent announcements, Bursa Malaysia Securities would like to advise investors to exercise caution and to make informed decisions in the trading of LAYHONG shares. Bursa Malaysia Securities will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of LAYHONG shares.
