Bursa Securities issued an unusual market activity query on the sharp rise in the price and volume of Ipmuda shares recently. KUALA LUMPUR: Shares of Ipmuda Bhd surged to RM1.05 on Friday – the highest since August 2016 – prompting a query from Bursa Malaysia Securities. At 12.30pm, shares of the building material supplier was up 20.5 sen to 99.5 sen. There were 1.17 million shares done at prices ranging from 78 sen to RM1.05. Bursa Securities issued an unusual market activity query on the sharp rise in the price and volume of the shares recently. It also advised investors to take note of the company’s reply to the unusual market activity which would be posted at Bursa Malaysia’s website under the company announcements.
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