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Shares in Sunrise Shares saw significant rise; prompts SGX query

Samantha Chiew
Samantha Chiew • 1 min read
Shares in Sunrise Shares saw significant rise; prompts SGX query
SGX queries significant rise in shares of Sunrise Shares
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Shares in Sunrise Shares, the distributor of electrical distribution and control equipment, have risen some 119.4% on September 2 to close at 6.8 cents with some 72.8 million shares traded, reaching a 52-week high.

The stock opened at 3.3 cents in the morning and activity spiked from 2.00pm in the afternoon, prompting a query from Singapore Exchange (SGX).

Sunrise Shares have yet to respond the SGX queries, which were posted at 5.08pm the same day.

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