Home News SGX query

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.
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.

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.

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.