Unusual Market Activity query by Bursa Malaysia Securities Berhad
CYBERTOWERS BERHAD 17/07/2012 06:12:27 PM
Type Reply to query Reply to Bursa Malaysia's Query Letter - Reference ID YL-120717-62871 Subject Unusual Market Activity query by Bursa Malaysia Securities Berhad Description With reference to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 17 July 2012 querying the Company on an unusual market activity in relation to the limit-down in price of the Company's shares today, the Company would like to confirm that to the best of its knowledge and after making due enquiry with all the directors and major shareholderseeking their views on the matter that is the subject of the query, the Company is not aware of any of the following that may have contributed to the unusual market activity:
1. 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 Company will make the necessary announcement to Bursa Securities of any material information in compliance with Rule 9.03 of Bursa Securities ACE Market Listing Requirements.
Name Christian Kwok Leun Yau Heilesen Address 29/F One Kowloon 1 Wang Yuen Street Kowloon Bay Hong Kong NRIC/Passport No/Company No. 204893797 Nationality/Country of incorporation Danish Descriptions (Class & nominal value) Ordinary shares of RM0.10 each Date of cessation 20/07/2012 Name & address of registered holder Christian Kwok Leun Yau Heilesen 29/F One Kowloon 1 Wang Yuen Street Kowloon Bay Hong Kong Currency Malaysian Ringgit (MYR) Number of securities disposed 8,322,100 Price Transacted ($$) Circumstances by reason of which a person ceases to be a substantial securities Holder Disposal of shares in open market Nature of interest Direct Date of notice 20/07/2012
------------------------------------------------------------------------------- Just 3 days after saying the company have checked with all the directors and major shareholders and is not aware of anything unusual, major shareholder Christian Kwok Heilesen reported that he has sold off all his 8.3 million shares in Cybert. Bull-Shit the company doesn't know what is going on ! The SC should be acting on this reply as many small investors have lost their pants on this stock !