A share price surge of over 30% in GYP Properties’ share price as at 1.08pm has triggered a query from the Singapore Exchange Regulation (SGX RegCo) at 1.11pm on June 2.
Shares in GYP Properties were trading at an intra-day and 52-week high of 14.2 cents from 1.08pm to 1.32pm, from its last-closed share price of 10.9 cents.
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SGX RegCo has since asked GYP Properties to release any information that may have caused the surge in share price. It has also asked the company to confirm its compliance with the Mainboard listing rules.
As at 2.23pm, shares in GYP Properties are trading 2.3 cents higher or 21.1% up at 13.2 cents.
