TTVHB

0.205

+0.01 (+5.1%)

Letter Subject or Reference - UNUSUAL MARKET ACTIVITY

Amended Announcements
Please refer to the earlier announcement reference number: GA1-14032025-00016

TT VISION HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-14032025-00001
Subject Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Description
UNUSUAL MARKET ACTIVITY ("UMA") - QUERY BY BURSA MALAYSIA SECURITIES BERHAD
(REF NO. : IQL-14032025-00001)
Query Letter Contents

We draw your attention to the sharp rise in the price and volume of your Company’s shares recently (“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 the Main Market Listing Requirements ("LR"):

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,

Bursa Malaysia Securities Berhad

Further to our announcement dated 14 March 2025, we wish to revise the reply to Question 2 as follows:


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.

 

We noted that there was an article from Malay Mail dated 14 March 2025 on "WOU partners with TT Vision..."  However, we have announced the signing of this MOU on 6 and 7 March 2025. We will continue to keep the public informed on further development on this MOU when the definitive agreement is signed and will make the necessary announcement in due course.


Apart from the above, we are not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity.

 

We further confirm that we are in compliance with Rules 9.09 and 9.10 of the ACE LR. 

 

This announcement is dated 17 March 2025.

 





Announcement Info

Company Name TT VISION HOLDINGS BERHAD
Stock Name TTVHB
Date Announced 17 Mar 2025
Category General Announcement for PLC
Reference Number GA1-14032025-00047