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We refer to the letter dated 18 January 2010 from Bursa Malaysia Securities Berhad (“Bursa Securities”) on unusual market activity in Pentamaster Corporation Berhad’s (“Pentamaster” or “the Company”) shares recently.
The Board of Directors of Pentamaster, after making due enquiry with the Directors and major shareholders, wishes to inform that, to the best of their knowledge :-
1. there is no material development in the Pentamaster Group’s business and affairs not previously announced that may account for the unusual market activity;
2. the Directors are not aware of any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity ; and
3. the Directors are not aware of any other possible explanation to account for the unusual market activity.
The Board of Directors confirms that, to the best of their knowledge, the Company is in compliance with the Listing Requirements of Bursa Securities (“LR”) in particular Paragraph 9.03 of the LR on immediate disclosure obligations.
This announcement is dated 18 January 2010. |
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We draw your attention to the recent sharp rise in price and volume traded in
your Company’s shares.
In accordance with the Corporate Disclosure Policy on Response To Unusual
Market Activity pursuant to Paragraph 9.11 of the Main Market Listing
Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities LR”), you
are requested to furnish Bursa Malaysia Securities Berhad (“Bursa Securities”)
with an announcement for public release after making due enquiry with your
directors and major shareholders seeking the cause of the unusual market
activity in the Company’s shares.
In this respect, you are also required to publicly confirm, amongst others, the
following:-
1. whether there is any corporate development relating to your Group’s
business and affairs that has not been previously announced that may account
for the unusual market activity including those in the stage of
negotiation/discussion. If yes, kindly provide the details including status of
the corporate development to enable investors to make informed investment
decision;
2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the unusual market activity and in this respect,
you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities
LR;
3. whether you are aware of any other possible explanation to account for the
unusual market activity; and
4. your compliance with the Bursa Securities LR, in particular Paragraph 9.03
of the Bursa Securities LR on immediate disclosure obligations.
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Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.
Yours faithfully
TAN YEW ENG
Head, Issuers
Listing Division
Regulation
TYE/NZ |
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