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No Signboard breached two Catalist rules in 24% price jump

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
No Signboard breached two Catalist rules in 24% price jump
SINGAPORE (Feb 4): No Signboard Holdings has admitted to breaching two Catalist board listing rules on Jan 31 following a query from Singapore Exchange (SGX).
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SINGAPORE (Feb 4): No Signboard Holdings has admitted to breaching two Catalist board listing rules on Jan 31 following a query from Singapore Exchange (SGX).

The seafood restaurant chain operator last Thursday triggered a query from SGX for unusual price movements after its shares jumped 24.0% to 15 cents, with close to 1.4 million shares changing hands by midday on Jan 31.

Shortly after, No Signboard called for a trading halt pending an announcement.

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