Shares in Aspen Group rose steadily since the market opened, reaching an intra-day high of 5.3 cents so far.
Aspen Group has triggered a query from the Singapore Exchange Regulation (SGX RegCo) after its shares spiked by 55.9% to trade at 5.3 cents from its last-closed price of 3.4 cents.
In its filing at 9.42am, the market regulator noted Aspen’s “unusual volume movements” and asked the group to release any information that may have brought about the trading. It has also asked Aspen Group to confirm its compliance with the listing rules.
