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Pan Asian Holdings triggers SGX query with 24.8% share price hike

Felicia Tan
Felicia Tan6/13/2022 11:51 AM GMT+08  • 1 min read
Pan Asian Holdings triggers SGX query with 24.8% share price hike
The query came after shares in the company surged 3.9 cents or 24.8% to 19.6 cents at 9.40am on June 13.
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Pan Asian Holdings has prompted a query from Singapore Exchange Regulation (SGX RegCo) after shares in the company surged 3.9 cents or 24.8% to 19.6 cents at 9.40am on June 13, from its price of 15.7 cents at the last close.

At 10.30am, the market regulator asked the company to explain its “unusual price movements”, and asked it to reveal information that may have brought about the spike if any.

Finally, SGX RegCo has also asked the company to confirm its compliance with the listing rules.

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