SGX RegCo noted that this is the second query issued to the company in the past six months, and asked the company to confirm its compliance with the Catalist rules.
Shares in Mercurius rose throughout the day to an intra-day high of 6.6 cents, 57.14% higher from the counter’s last-closed price of 4.2 cents on Sept 3.
The surge in share price drew queries from the Singapore Exchange Regulation (SGX RegCo), who asked the company to release any information that may trigger the share price.
