UnUsUal's 'unusual' share price movement triggers SGX query (update)

The company is organising a series of upcoming Jacky Cheung concerts

UnUsUal 1D1 shares jumped more than 16% thus far today, triggering a trading query from the Singapore Exchange, citing "unusual" price movements.

The concert and live shows producer is helping to organise a series of upcoming concerts featuring leading Hong Kong singer Jacky Cheung.

Six of the concerts originally scheduled have been sold out, another three are planned.

In its response after the market closed, the company says that response to Cheung's concert has been "overwhelming".

"Other than this, the company is also not aware of any other possible explanation for the unusual price and volume movements in the trading activity of the company’s shares," adds UnUsUal.

UnUsUal shares closed the day at 18 cents, up 13.58%.

 

See Also:

• Click here to stay updated with the Latest Business & Investment News in Singapore

• Aspen Group triggers SGX query after 55.9% share price hike

• Quantum Healthcare triggers SGX query after shares increase by 40%

• LS 2 Holdings triggers SGX query after 76.5% share price surge

• Read more stories about where the money flows, and analysis of the biggest market stories from Singapore and around the World

• Get in-depth insights from our expert contributors, and dive into financial and economic trends

• Follow the market issue situation with our daily updates

• Or want more Lifestyle and Passion stories? Click here