The Singapore Exchange Regulation (SGX RegCo) has issued a query to Memiontec after the water treatment company saw its shares surge 14.1% to 56.5 cents as at 10.18am.
Memiontec’s shares, which closed 49.5 cents as at Sept 13, climbed further to an intra-day high of 57.0 cents at around 10.32am.
The query, which came in at 10.18am, noted the counter’s “unusual share price movements”.
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