We refer to the letter dated 14 December 2020 from Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the sharp rise in price and volume of the Company’s shares yesterday (“Trading Activity”).
The Company would like to confirm that after making due enquiry with the Directors and major shareholders of the Company, the Company is not aware of the following:
- any corporate development relating to GLM Group’s business and affairs that has not been previously announced that would account for the Trading Activity;
- any rumour or report concerning GLM Group’s business and affairs that would account for the Trading Activity; and
- any other possible explanation that would account for the Trading Activity.
The Company will make the necessary announcement to Bursa Securities of any material information in compliance with paragraph 9.03 of the Main Market Listing Requirements of Bursa Securities on immediate disclosure obligations.
This announcement is dated 15 December 2020.