We refer to the article entitled: “Ornapaper Share Price Surges On Takeover Talk” which was published on page 6 of Focus Malaysia Feb 15-21 2014.
On behalf of the Company, the Board of Directors hereby confirm that to the best of our knowledge and after making due enquiry with all the Board members and major shareholder, namely, Messrs Intisari Delima Sdn Bhd., we are not aware of any of the following:
1. whether there is any corporate development relating to the 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;
2. any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity; and
3. any other possible explanation to account for the unusual market activity.
The Board, on behalf of the Company, will make the necessary announcement to Bursa Securities of any material information in compliance with Paragraph 9.03 of Bursa Securities Main Market Listing Requirements.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
arv18
2,664 posts
Posted by arv18 > 2014-02-13 14:54 | Report Abuse
wow. no one on i3 with any ideas. has no one noticed this counter? unbelievable.