GYP Properties' share price surge of over 30% triggers SGX query

“yang” éfact "yang"

A share price surge of over 30% in GYP Properties’ share price as at 1.08pm has triggered a query from the Singapore Exchange Regulation (SGX RegCo) at 1.11pm on June 2.

Shares in GYP Properties were trading at an intra-day and 52-week high of 14.2 cents from 1.08pm to 1.32pm, from its last-closed share price of 10.9 cents.

SEE: Manufacturing Integration Tech draws SGX query following 'unusual volume movements'

SGX RegCo has since asked GYP Properties to release any information that may have caused the surge in share price. It has also asked the company to confirm its compliance with the Mainboard listing rules.

As at 2.23pm, shares in GYP Properties are trading 2.3 cents higher or 21.1% up at 13.2 cents.

GYP Properties' share price surge of over 30% triggers SGX query

Related News

Hotel Properties ‘not aware’ of any possible explanation for ‘unusual’ share price movements

M&A opportunities possible, but no binding agreements signed yet, says Memiontec in response to SGX’s query

China International Holdings triggers SGX query after shares surge over 116% (update)

Highlights

Lutnick says US-China trade truce signed, 10 deals imminent

Related News

Hotel Properties ‘not aware’ of any possible explanation for ‘unusual’ share price movements

M&A opportunities possible, but no binding agreements signed yet, says Memiontec in response to SGX’s query

China International Holdings triggers SGX query after shares surge over 116% (update)