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Parkson Retail Asia triggers SGX query after 55% surge in share price

Felicia Tan
Felicia Tan8/4/2022 05:59 PM GMT+08  • 1 min read
Parkson Retail Asia triggers SGX query after 55% surge in share price
At 5.02pm, shares in Parkson reached an intra-day high of 6.5 cents, reaching a 52-week high for the counter.
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Parkson Retail Asia has triggered a query from the Singapore Exchange Regulation (SGX RegCo) after shares in the company closed 2.2 cents higher or 55% up at 6.2 cents.

Shares in Parkson Retail Asia were also the highest traded counter on the SGX, with 99.6 million shares changed hands, compared to the previous day’s volume of 10.1 million.

In a bourse filing on Aug 4, the market regulator noted the “unusual price movements” and asked the company to confirm its compliance with the listing rules.

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