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Why no SGX query on Olam price surge?

Saturday, March 15, 2014 - 06:00

OLAMM150314.jpg
In the five weeks from Feb 4 leading up to Olam halting trading in its shares on Wednesday at $1.995, the company's shares gained 56 cents or about 40 per cent - PHOTO: : OLAM INTERNATIONAL LTD

LAST month, when the Monetary Authority of Singapore and Singapore Exchange (SGX) proposed measures to stre ngthen the local securities market that included new warning signals to be incorporated in SGX's questioning of listed firms over odd price movements, hopes were high that after years of

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