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Bursa queries Mlabs over surge in share price

Mimi Sabreena 11:45:00 AM Informasi

KUALA LUMPUR (July 14): Mlabs System Bhd, whose stock price has surged over 67% in the last ten days, has been slapped with an Unusual Market Activity (UMA) query from Bursa Malaysia.

In a filing with the exchange today, the regulator drew attention to the “sharp rise in price” of the video conferencing systems company’s shares recently.

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