Catalist-listed Metech International has received a query from the Singapore Exchange Regulation (SGX RegCo) on Dec 20 following “unusual volume movements” for its shares.
Some 32.9 million Metech International shares changed hands today, making it the second-highest counter in terms of volume traded.
In its query, issued at 4.20pm, SGX RegCo asked the company to disclose any information that may explain the trading activity.
It also asked Metech to confirm its compliance with the listing rules.
Shares in Metech closed 0.5 cents or 1.35% higher at 37.5 cents on Dec 20.
