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SMG calls for trading halt pending announcement as share price climbs 4.4%

Stanislaus Jude Chan Published on Wed, Feb 20, 2019 / 12:19 PM GMT+8

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SINGAPORE (Feb 20): Singapore Medical Group (SMG) at noon on Wednesday called for a trading halt “pending [the] release of [an] announcement”.

Within the first three hours of trading before it requested for the halt, SMG’s share price had climbed 4.4% to 47 cents.

This comes hot on the heels of SMG’s results announcement last evening, when it reported a 52.1% jump in full-year earnings to $12.9 million for the FY18 ended December, compared to FY17 earnings of $8.5 million.

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