LS 2 Holdings made its trading debut on the morning of Feb 24, with its initial public offering (IPO) priced at 20 cents.
Shares in cleaning services company LS 2 Holdings fell by 14.29% to 6.6 cents on Sept 8, prompting a query from the Singapore Exchange Regulation (SGX RegCo).
In its query, the market regulator noted that the company had seen “unusual price movements” in its shares. It further asked the company to confirm its compliance with the listing rules, as well as provide any possible explanation for the trading.
