Citing the need to “safeguard the interest of the market”, the Singapore Exchange has suspended the trading of ISR Capital shares with immediate effect.
In a filing released at 10.04pm on Sunday evening, SGX says there are “circumstances that prevent trading in the shares of this company on an informed basis”.
“We are reviewing the trading activities in the meantime,” says SGX.
“The suspension will be lifted only when SGX is satisfied that the company’s shares can be traded on a fair, orderly and transparent basis,” it adds.
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Source: Singapore Market Report
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