Singapore Exchange Regulation (SGX RegCo) has issued a “trade with caution” warning on ISOTeam as the market regulator found that a small group of accounts were responsible for over 71% of the traded volume in the company’s shares between Sept 24 and Nov 24.

The same group of accounts was responsible for over 83% of the buy trades during the surge on Sept 24, revealed a review conducted by SGX RegCo.

“The individuals in these accounts appear to be connected to each other,” it says.

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