SINGAPORE (Oct 21): Sembcorp Marine (SembMarine) has been issued with a query from Singapore Exchange Regulation (SGX RegCo) after its share price jumped 11.7% on Monday afternoon.
This marks the company’s second query from the market regulator over the span of four months.
Shares in SembMarine opened at $1.20 on Monday, and remained relatively stable. However, after the mid-day break, the counter surged to as high as $1.34, with some 15.7 million shares traded as at 2.57pm.
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