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China International Holdings triggers SGX query after shares surge over 116% (update)

Douglas Toh
Douglas Toh • 1 min read
China International Holdings triggers SGX query after shares surge over 116% (update)
In its query, SGX RegCo has asked the group to release any information concerning the “unusual price and volume movements”.
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China International Holdings has triggered a query by the Singapore Exchange (SGX:S68) Regulation (SGX RegCo) after shares in the company surged over 116% to 9.1 cents as at Sept 6, from its last closed price of 4.3 cents. 

This was deemed a near two-month high as shares in China International Holdings were trading as low as 3.8 cents after releasing its 1HFY2024 results ended June 30. 

In its query, SGX RegCo asked the group to release any information concerning the “unusual price and volume movements” and to confirm its compliance with the Mainboard listing rules. 

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