SINGAPORE (Nov 5): Singapore Exchange Regulation (SGX RegCo) says it has referred the unusual trading of shares in mainboard-listed Mirach Energy to the authorities for their “necessary actions”.
In a regulatory filing on Tuesday, the market regulator once again urged investors to exercise caution when dealing in the shares of Mirach.
The warning comes shortly after SGX RegCo issued Mirach with its second query in the span of a month. The query, which was issued at 9.22am, was prompted by a 41% surge in the company’s share price to 36 cents just after market open on Tuesday.
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