Photo: Fan Xianyong, CEO of The Place Holdings with Ekovest executive director Lim Chen Thai (centre) and Tan Zhiyong, CEO of MCC Land (right)

The Place Holdings received a query from market regulator Singapore Exchange Regulation (SGX RegCo) at 10.19am on Jan 25, after its shares surged 1.5 cents or 14.7% up to 11.7 cents.

The company’s share prices were hovering around the one cent-mark from January 2020 to November 2020 before climbing to a high of 5.1 cents on Dec 15, 2020.

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