Another counter being queried by BURSA over UMA

Bursa Malaysia has queried GOCEAN (0074 - GREEN OCEAN CORPORATION BERHAD (ACE Market)) over the sharp rise in price and high volume involved their shares recently.

The stock lowest price traded this year was 6.5 sen on 12-Jan-2012 and the highest was done yesterday at 28 sen. It closed or suspended trading at 25 sen, up 2.5 sen yesterday.

Bursa is requesting the company to provide or announce the reasons for the Unusual Market Activity (UMA) of their shares recently.

The shares was suspended one hour before yesterday close and will be re-opened at 9am today.