In its query, SGX RegCo has asked Yoma to release any information that may have brought about the “unusual price movements” and to confirm its compliance with the Mainboard rules.
In an update issued at 11.43pm, Yoma said the company is not aware of any possible explanation for the trading other than the news, reports and articles in various platforms including The Edge Singapore on its FY2024 results. The company maintains that it is in compliance with listing rules.