CIHL share price surge triggers SGX query

Share price of the company surged 116% on 6 September

China International Holdings triggered an inquiry from SGX-ST after its share price surged 116% on 6 September.

SGX-ST asked whether CIHL is aware of any undisclosed information about the company or its subsidiaries that could explain recent trading activities, including material or price-sensitive events. Additionally, SGX also asked if the company is complying with the listing rules and, in particular, Mainboard Rule 703

CIHL in its reply said that they are not aware of any such undisclosed information or alternative explanations for the trading and confirmed their compliance with the listing rules.

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