PropNex’s share price shot to a high of $2.19 this morning, up 9.8% or 19.5 cents higher than the previous day’s close of $1.99.

The surge prompted the Singapore Exchange Regulation (SGX RegCo) to issue a query at 9.53am, requesting PropNex to reveal any information that may explain the “unsual” share price movements.

See also: Analysts raise PropNex target price to at least $1.19 after 1Q21 beats expectations

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