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”.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
