China Mining International has triggered a query by the Singapore Exchange S68 Regulation (SGX RegCo) after shares in the company surged over 195% to 6.5 cents as at Sept 4, from its last closed price of 2.2 cents.
This was deemed a month-long high as shares in China Mining were trading as low as 0.5 cents after releasing its 1HFY2024 results ended June 30.
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.
Through an 11.02pm filing, China Filing says it is not aware of any possible explanation of the trading and confirmed that it is in compliance with listing rules.
Shares in China Mining International BHD closed 4.3 cents higher or up 195.5%, at 6.5 cents on Sept
