KUALA LUMPUR (Oct 21): Jerasia Capital Bhd, which has seen its share price rise 18 sen or 35.2% over the past two days, said it is not aware of any reason behind the unusual trading activities of its shares. It was replying to an unusual market activity (UMA) query issued by Bursa Malaysia yesterday. However, it also noted that its non-executive director and major shareholder Datuk Seri Mohd Haniff Abd Aziz had disposed of 200,000 shares of the company yesterday. In a separate filing, it said this leaves him with 10.78 million shares, representing a 13.14% stake in Jerasia. At 2.50pm Jerasia fell 2.5 sen or 3.62% to 66.5 sen after 886,200 shares were traded, giving it a market capitalisation of RM54.97 million.

Source: The Edge Markets October 21, 2016 07:52 UTC