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EMS plunges 27% prompting SGX query

Thursday, January 28, 2016 - 05:50

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Oilfield services equipment firm EMS Energy on Wednesday plunged 26.7 per cent to finish at S$0.22 on the stock market, prompting a query from the Singapore Exchange (SGX) to explain the "unusual price movements".

Singapore

OILFIELD services equipment firm EMS Energy on Wednesday plunged 26.7 per cent to finish at S$0.22 on the stock market, prompting a query from the Singapore Exchange (SGX) to explain the "unusual price movements".

After market close, the company replied that it was

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