Shares in Creative Technology reached as high as $2.80 at 1.24pm, up 12.45% from its share price of $2.49 at market open.
The spike triggered a query from Singapore Exchange Regulation (SGX RegCo) at 1.29pm, who asked if the company was aware of any information that could have caused the “unusual” price movement.
It also asked the company to confirm its compliance with the listing rules.
See also: Hotel Properties ‘not aware’ of any possible explanation for ‘unusual’ share price movements
As at 2.21pm, shares in Creative are trading 21 cents higher or 8.4% up at $2.70.
