The query was issued at 11.13am on the same day when shares in the company rose to 7.7 cents, 250% higher than its last-closed price. Shares in Sevens Atelier then climbed to an intra-day high of 10.2 cents at around 11.18am.
Sevens Atelier has triggered a query by the Singapore Exchange (SGX:S68
) Regulation (SGX RegCo) after shares in the company surged by 150% to 5.5 cents as at Sept 5, from its last closed price of 2.2 cents.
This was deemed a month-long high as shares in Sevens Atelier (SGX:5EW) were trading as low as 1.5 cents after releasing its 1HFY2024 results ended June 30.
