Singapore-listed, Kuala Lumpur-based company Plato Capital has received a query from the Singapore Exchange Regulation (SGX RegCo) on Oct 15 after shares in the company surged 34.26% to $1.92 at 11.38am.
In the filing at 11.47am, the market regulator noted the “unusual [share] price movements” and asked if the company was aware of any information that may have caused the trading.
See: Envictus, Huationg and Plato Capital see trades from directors and top management
In addition, SGX RegCo has also asked Plato Capital to confirm its compliance with the Catalist listing rules.
Shares in the company climbed to an intra-day high of $1.93 shortly, between 11.56am to 11.57am.
Shares in Plato Capital were among the three highest companies on the SGX-ST that saw the highest share price increase in terms of percentage.
As at 2.19pm, shares in Plato Capital are trading 39 cents higher or 27.27% up at $1.82.
Photo: Plato Capital's website
