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Sarine Tech shares surge over 25%, triggers SGX query

Felicia Tan
Felicia Tan1/22/2021 4:8 PM GMT+08  • 2 min read
Sarine Tech shares surge over 25%, triggers SGX query
As at 4.07pm, shares in Sarine Tech are trading 13 cents higher or 26.26% up at 62.5 cents.
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As at 3.18pm on Jan 22, shares in Sarine Technologies surged 25.25% to 62 cents from its last close price of 49.5 cents, triggering a query from Singapore Exchange Regulation (SGX RegCo).

SEE: Sarine Technologies posts 1Q net loss of US$1.4 mil

At 3.27pm, the market regulator asked Sarine Tech if it was aware of any information relating to the spike in share price. It also asked the company to confirm its compliance with the listing rules.

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