SingHaiyi’s share price spiked to a high of 10.6 cents this afternoon, up 3.2 cents or 43.2% higher from its previous close of 7.4 cents, triggering a query from the Singapore Exchange Regulation (SGX RegCo).

The query, which came in at 1.33pm, highlighted the counter’s “unusual volume movements”. As at the time of writing, 24.7 million SingHaiyi shares have traded hands, almost five times its average monthly volume of 5.3 million across the past three months.

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