Aspen surges 25% following plans to transfer to mainboard

Singapore

SHARES of Catalist-listed Aspen (Group) Holdings surged 25 per cent after the Malaysian property developer and soon-to-be glove maker announced plans to transfer its listing to the Singapore Exchange's (SGX) mainboard.

The counter hit an intraday high of 27.5 Singapore cents at market close, up 25 per cent or 5.5 cents. It was also the fifth most traded by volume on the bourse, with 53.4 million shares changing hands.