Shares in Pan Asian surged 18.9% to 11.3 cents at 9.32am on Sept 30, prompting a query from the Singapore Exchange Regulation (SGX RegCo).

At 9.41am, the SGX RegCo issued a query to the company with regard to “unusual volume movement” in its shares.

See: Controlling shareholder of Pan Asian Holdings to potentially dispose portion of its shares to unrelated third party

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