Shares in Zhongxin Fruit were among the top three advancers on the SGX.
As at 3.49pm, shares in Zhongxin Fruit are trading 2.8 cents higher or 90.3% up at 5.9 cents.
Update
At 5.22pm on Jan 26, Zhongxin Fruit issued a response to SGX RegCo saying that it is unaware of any information that could explain the "unusual" price and volume movements in its shares.
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However, it adds that the company is in the midst of finalising its unaudited financial results for the 1HFY2021 ended December, which the group expects to report a net loss.
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The group's financial results will be announced on or before Feb 14.
