At 10.58am, shares in Lasseters surged to 0.061 cents, 24.5% higher than its last-closed price of 0.049 cents, prompting SGX RegCo to issue a query.
On April 19, Lasseters proposed the disposal of the freehold land and buildings, improvements and the business and business assets of its subsidiaries, Ford Dynasty and Lasseters Health Club.
Shares in Lasseters closed 0.029 cents higher or 59.1% up at 0.078 cents on Sept 7.
Photo: Lasseters' website