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Shares in Sino Grandness fall sharply; reason unknown

Published Mon, Aug 1, 2016 · 09:50 PM

Singapore

SHARES in Sino Grandness Food Industry Group fell as much as 28 per cent on Monday morning, prompting a query from the exchange and triggering the circuit breaker three times in the process.

Market observers suggested that the slide could be related to listing of the company's subsidiary that was to have taken place in July.

The mainboard-listed counter opened at 58.5 Singapore cents on Monday morning, but quickl…

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Companies & Markets

Companies & Markets

Shares in Sino Grandness fall sharply; reason unknown

Companies & Markets

Tesla cuts US prices by US$2,000 as sales slow, inventories swell

Volkswagen workers vote decisively to unionise in Tennessee

Sony deal for Paramount would draw added regulatory scrutiny

Bitcoin 'halving' has taken place: CoinGecko

Lululemon to shutter Washington distribution center, lay off 128 employees

Wall Street bonus rules return to regulatory agenda in third try

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