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Zhongxin Fruit receives SGX query as share price nearly doubles

Felicia Tan
Felicia Tan • 1 min read
Zhongxin Fruit receives SGX query as share price nearly doubles
At 3.30pm, shares in Zhongxin Fruit were trading at a high of 6.3 cents, almost double the 3.1 cents at last close.
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Zhongxin Fruit, on Jan 26, received a query from Singapore Exchange Regulation (SGX RegCo) after its share price reached a high of 6.3 cents as at 3.30pm, nearly double the 3.1 cents as at market close on Jan 25.

The market regulator, at 3.33pm, asked the company to confirm its compliance with the listing rules and ordered it to reveal any information that could have brought about the surge in price.

Shares in Zhongxin Fruit were among the top three advancers on the SGX.

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