Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
| NEXG BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-04112025-00002 |
| Subject | Letter Subject or Reference - UNUSUAL MARKET ACTIVITY |
| Description | NEXG BERHAD (FORMERLY KNOWN AS DATASONIC GROUP BERHAD) ("THE COMPANY")
- UNUSUAL MARKET ACTIVITY |
| Query Letter Contents | We draw your attention to the sharp fall in the price your Company’s shares recently with increased trading volume today (“trading activity”).
Yours faithfully, Bursa Malaysia Securities Berhad |
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Reference is made to the query received from Bursa Malaysia Securities Berhad (“Bursa Securities”) on 4 November 2025 pertaining to the sharp fall in the price of the Company’s shares on 4 November 2025.
In accordance with Paragraph 9.11 of the Main Market Listing Requirements (“MMLR”) of Bursa Securities, the Company, after making due enquiry with the Board of Directors (“Board”) and major shareholders of the Company and to the best of their knowledge, wishes to inform that as of today:-
1. The Company is not aware of any corporate development nor any change that may account for the sudden sharp fall in the Company’s share price;
2. The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity;
3. The Board is not aware of any other possible explanation to account for the trading activity; and
4. The Company is in compliance with the MMLR, in particular Paragraph 9.03 of the MMLR on immediate disclosure obligations.
This announcement is dated 5 November 2025. |
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Announcement Info
| Company Name | NEXG BERHAD |
| Stock Name | NEXG |
| Date Announced | 05 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05112025-00011 |