Company announcements: TECNIC

TECNIC - UNUSUAL MARKET ACTIVITY

Announcement Type: General Announcement for PLC

Company Name	TECNIC GROUP BERHAD
Stock Name	TECNIC
Date Announced	28 Apr 2015
Category	General Announcement for PLC
Reference Number	GA1-28042015-00125

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-28042015-00003
Subject	UNUSUAL MARKET ACTIVITY
Description	TECNIC GROUP BERHAD ("THE COMPANY") REPLY QUERY ON UNUSUAL MARKET ACTIVITY OF THE COMPANY'S SHARES
Query Letter Contents	We draw your attention to the sharp rise in price of your Company’s shares today (“trading activity”). In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of Listing Requirements : 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 trading 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 decisions 2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading 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 trading activity; and        4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations. 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, WAN CHOON YEN Sr Manager, Issuers Listing Division, Regulation /NM
We refer to Bursa Malaysia Securities Berhad’s letter dated 28 April 2015 in relation to the Unusual Market Activity (“UMA”) of the Company’s shares. In accordance with Paragraph 9.11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“LR”), the Board of Directors of the Company (“Board”) wishes to clarify that to the best of their knowledge and after having made due enquiries with the directors, major shareholders and such other relevant persons, the Company is not aware of any of the following: 1. Corporate development relating to the Company’s and its subsidiaries’ businesses and affairs that has not been previously announced that may account for the UMA including those in the stage of negotiation/discussion; 2. Rumour or report concerning the business and affairs of the Company and its subsidiaries that may account for the UMA; and 3. Possible explanation to account for the UMA. Further, the Board wishes to confirm that the Company is in compliance with the LR, in particular Paragraph 9.03 of the LR on immediate disclosure obligations. This announcement is dated 28 April 2015.

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