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


To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook