Aspen (Group) Holdings has shot up to an intraday high of 16.4 cents this morning, up 30.2% from its previous close of 12.6 cents.
The company's share price movement has prompted a query from the Singapore Exchange Regulation (SGX RegCo), which came in at 9.22am. This is the second query the company has received in the last three months.
See also: Aspen triggers SGX query on share price movements
SGX RegCo highlighted the “unusual price movements” and requested Aspen to disclose any information that could explain the trading.
It also asked Aspen to confirm its compliance with the listing rules.
As at 9.48am, Aspen shares are trading up 3.4 cents or 27% higher at 16 cents.
