Increased trading in Melbourne-based Becton Property Group has prompted an Australian Securities Exchange query, the second in six weeks.

The ASX yesterday asked why the unit price had jumped from 15.5c last Friday to a high of 21c on Monday.

In its response, Becton said it had been having discussions about recapitalisation and acquisitions, but it said these talks were incomplete.

The company also said there would be no change in its earnings and profit guidance.

The Australian