Hatten Land on Dec 8 received a query from the Singapore Exchange Regulation (SGX RegCo) after its shares spiked to 6.0 cents as at 4.55pm, from 4.2 cents as at 3.32pm.

Shares in the construction company opened at 5.9 cents as at 9am on the same day before falling to a low of 4 cents.

Hatten Land’s share price mostly hovered around the 4 cent-mark throughout the day before surging to 6 cents, and closing at 6.5 cents, 0.6 cents higher or 10.2% up from its last closed price of 5.9 cents.

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