Home News SGX query

Mun Siong Engineering attributes 'unusual volume movement' to Petronas’ planned capital expenditures

Felicia Tan
Felicia Tan6/10/2022 11:41 PM GMT+08  • 2 min read
Mun Siong Engineering attributes 'unusual volume movement' to Petronas’ planned capital expenditures
Shares in Mun Siong Engineering closed 1.3 cents higher or 25% up at 6.5 cents on June 10. File photo of Mun Siong Engineering
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

As shares in Mun Siong Engineering climbed to 6.1 cents at 3.47pm on June 10, or 17.3% higher than its last-closed price of 5.2 cents, a query from market regulator Singapore Exchange Regulation (SGX RegCo) was triggered.

In the bourse filing, SGX RegCo noted Mun Siong Engineering’s “unusual volume movements” in its shares and asked the company to confirm its compliance with the listing rules.

The market regulator also asked the company to reveal any potential information that may have caused the trading volume.

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)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now