SINGAPORE (July 13): Shares in UG Healthcare plunged 31.0% to $1.40 from $2.03 between 1.40pm to 2.10pm on Monday, triggering a query by Singapore Exchange Regulation (SGX RegCo).

According to the filing at 2.06pm today, this is the second query issued to the Malaysia-based glove maker in the past two months.

SGX RegCo has requested that UG Healthcare’s board of directors “collectively and individually take responsibility for the accuracy of the reply” to its query.

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