In its query, SGX RegCo asked the group to release any information concerning the “unusual price and volume movements” and to confirm its compliance with the Mainboard listing rules.
In an update issued after the close of the market, China International responded saying that the company is unaware of any possible explanation for the trading other than information previously announced concerning it or its subsidiaries. The company maintains it is in compliance with the listing rules.
Shares in China International closed 4.9 cents higher or 116.7% up at 9.1 cents on Sept 6.