Shares in Catalist-listed Sinjia Land rose to 3 cents after markets opened this morning, climbing 11.1% from its previous close of 2.7 cents.


See: Sinjia Land to buy 80% stake in G4 Station; diversify into property business


Trading activity for the shares prompted a query from the Singapore Exchange Regulation (SGX RegCo) at 9.08am, who noted  ‘unusual volume movements’. As of 10.19am, 17.56 million Sinjia Land shares have been traded. For comparison, Sinjia Land’s average monthly traded volume over the last three months stands at 3.36 million shares.

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