Y Ventures shares up as high as 75 cents; prompts SGX query

SINGAPORE (Feb 21): Y Ventures Group has been queried by the Singapore Exchange (SGX) for its “unusual price movements” after shares in the e-commerce company climbed as high as 75 cents on Wednesday morning, up 10.4% from its opening price of 68 cents.

As at 3:43pm, shares in Y Ventures are trading 6.62% higher at 72 cents.

In July 2017, it was reported by The Edge Singapore that Y Ventures was placing out 35 million shares at 22 cents each to boost its data analytics capabilities, increase its advertising and product range, as well as expand into new markets.

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