MAS, CAD investigating Koyo International MD
Foo Chek Heng told firm he is being probed for "possible offences" under the Securities and Futures Act
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Singapore
SHARES of penny stock Koyo International took another dive on Thursday, adding to their losses after the Singapore Exchange (SGX) sounded the alarm on the Catalist-listed counter in January.
The stock fell as much as 11.8 per cent or S$0.008 to touch S$0.06 around midday, then recovered marginally. It finished the session at S$0.063, down half a Singapore cent or 7.4 per cent, on 2.5 million shares traded.
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