SGX RegCo urges caution in trading of Kitchen Culture shares

📆 8/17/2020 5:30 PM
📰 BusinessTimes

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SINGAPORE Exchange Regulation (SGX RegCo) on Monday evening warned shareholders and potential investors to exercise caution when dealing in the shares of Catalist-listed kitchen solutions provider Kitchen Culture Holdings. Read more at The Business Times.

The regulator also noted two key corporate actions by the company where the volume weighted average price of its shares had been"crucial" to the transactions at hand.

SGX RegCo said it had observed"substantial price movements" in the counter prior to these two announcements. The latest trade-with-caution alert comes after SGX RegCo had queried the company on June 4 regarding the"unusual price movements" in its shares. It had asked whether Kitchen Culture was aware of any possible reasons for the trading activity.

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SGX RegCo again urges caution in trading of Kitchen Culture sharesSINGAPORE Exchange Regulation (SGX RegCo) on Monday evening warned shareholders and potential investors to exercise caution when dealing in the shares of Catalist-listed kitchen solutions provider Kitchen Culture Holdings. Read more at The Business Times.
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