The company is led by chairman and CEO Ang Kok Tian (picture) and his family.
ASL Marine (SGX:A04
) has received a query from the Singapore Exchange Regulation (SGX RegCo) after shares in the company surged some 70.6% to 5.8 cents at 3.02pm on May 11.
In its query, the market regulator asked the company to explain any potential reasons behind the surge and to confirm its compliance with the listing rules.
