trading halt

The Edge Singapore has contacted SATS for comment.

Both REITs have simultaneously requested for a trading halt on Tuesday morning pending undisclosed announcement.

Shares in Sunningdale Tech last traded at $1.64 before its trading halt.

At 2.37pm, the company requested for a trading halt pending the release of an announcement.

The move comes as Cathay contends with a slump in traffic brought on by the coronavirus outbreak and the travel restrictions that ensued.

SINGAPORE (Feb 25): Shares in Best World International have plunged as much as 58 cents, or 21.4%, to $2.13 upon opening this morning on news that the group would be conducting an independent review on its business and accounting practices.

SINGAPORE (Jan 14): Sino Grandness Food Industry Group, the canned fruits and vegetables producer, has called for a trading halt pending an announcement.

SINGAPORE (June 18): Noble Group suspended its shares in Singapore on Monday pending an announcement, as efforts to get shareholder agreement on its controversial US$3.5 billion ($4.7 billion) debt restructuring plan drag on longer than expected.

China Medical (International) Group says its executive chairman, Tai Kok Chuan, passed away at the age of 61 on March 6.