ASL Marine Holdings has called for a trading halt, pending an announcement.
The offshore and marine company's share price has gained more than 25% in the past one month and a surge of more than 213% in the past six months and by the same level year to date.
The company on Aug 29 reported earnings of $14.6 million for its FY2025 ended June, a surge of 272.3% over the preceding FY2024.
"The macro trends remain mixed and uncertain, shaped by both downside risks and potential upside opportunities," said ASL Marine in its earnings commentary.
The company's single largest shareholder is founder Ang Sin Liu, whom, according to the FY2024 annual report, held 14.23% of the shares but together with his family control over 60% of the shares.
ASL Marine shares last traded at 19 cents ahead of the trading halt this morning.
