News
Trade With Caution
BackApr 14, 2014
| Announcement Title | General Announcement |
| Announcement Subtitle | TRADE WITH CAUTION |
| Securities | HONG FOK CORPORATION LTD (HONGFOK) |
| Date & Time of Broadcast | Apr 14, 2014 19:24 |
| Submitted By | SURVEILLANCE SGX-ST |
| Description | Singapore Exchange Securities Trading Limited ( SGX-ST ) wishes to draw the market's attention to the recent query SGX-ST issued to Hong Fok Corporation Limited (the Issuer ) on 14 April 2014 regarding the substantial increase in its traded volume and share price by 11.6% on 14 April 2014. The Issuer has responded on 14 April 2014 that it was not aware of any reasons that could possibly explain the trading in its securities. In view of the trading activities observed and the Issuer's response, shareholders and potential investors should exercise caution when dealing in the securities. The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market. |