In a bourse filing on Aug 4, the market regulator noted the “unusual price movements” and asked the company to confirm its compliance with the listing rules.
Parkson Retail Asia has triggered a query from the Singapore Exchange Regulation (SGX RegCo) after shares in the company closed 2.2 cents higher or 55% up at 6.2 cents.
Shares in Parkson Retail Asia were also the highest traded counter on the SGX, with 99.6 million shares changed hands, compared to the previous day’s volume of 10.1 million.
