Shares in Fu Yu Corp surged as high as 20.7% to 33.8 cents as at 3.50pm on Jan 18, with some 223.0 million shares changed hands, triggering a query from Singapore Exchange Regulation (SGX RegCo) on the same day.
Fu Yu was among the top three most-traded counters and second in top value on the SGX, prompting the market regulator to ask if the company was aware of any information that may impact the price of its shares.
SEE: Fu Yu's cost saving and growth initiatives keep it at 'buy': UOB
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)