Green Packet unaware of unusual market activity

KUALA LUMPUR: GREEN PACKET BHD [and REDTONE INTERNATIONAL BHD [, both of which were queried by Bursa Malaysia Securities over unusual market activity on Friday, Nov 6, replied they were unaware of any reasons for the activity.

Green Packet said the only announcements made were in October about its Packet One WiMAX operations securing approval to launch services in East Malaysia and that it had secured the go-ahead to operate in Singapore.

RedTone said, after making inquiries, to the best of its knowledge, it was not aware of any reasons that might have contributed to the unusual market activity.