Fortress Minerals has prompted a query from the Singapore Exchange Regulation (SGX RegCo) after its share price surged to 49.5 cents as at 2.16pm, 12.5% higher than the last-closed price of 44 cents on March 3.
In its filing as at 2.26pm on March 4, the market regulator asked Fortress Minerals to reveal any possible explanation for the trading, and that it is compliant with the listing rules.
As at 2.36pm, shares in Fortress Minerals are trading 5.5 cents higher or 12.5% up at 49.5 cents.
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