SINGAPORE (June 10): As shares in Mun Siong Engineering climbed to 6.1 (Singaporean) cents at 3.47pm on June 10, or 17.3% higher than its last-closed price of 5.2 cents, a query from market regulator Singapore Exchange Regulation (SGX RegCo) was triggered.
In the bourse filing, SGX RegCo noted Mun Siong Engineering’s “unusual volume movements” in its shares and asked the company to confirm its compliance with the listing rules.
The market regulator also asked the company to...(click on link for full story on theedgesingapore.com)