As of 4.27pm, some 33.87 million King Wan shares have traded hands, more than triple the monthly average of 11.13 million shares over the last three months. It also makes it the fourth-highest counter in terms of trading volume today.
King Wan Corporation's share price has surged up 44% to a high of 3.6 cents today, prompting a query from the Singapore Exchange Regulation (SGX RegCo).
The query was issued at 2.55pm, with SGX RegCo flagging the ‘unusual volume movements’ for King Wan shares.
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