The market regulator also asked the company to reveal any potential information that may have caused the trading volume.
As shares in Mun Siong Engineering climbed to 6.1 cents at 3.47pm on June 10, or 17.3% higher than its last-closed price of 5.2 cents, a query from market regulator Singapore Exchange Regulation (SGX RegCo) was triggered.
In the bourse filing, SGX RegCo noted Mun Siong Engineering’s “unusual volume movements” in its shares and asked the company to confirm its compliance with the listing rules.
