Hot stock: Sino Grandness falls 11%, prompts SGX query

SHARES in Sino Grandness Food Industry fell 11 per cent on Monday morning, prompting a query from the Singapore Exchange (SGX).

The counter opened at 58.5 Singapore cents, and fell to as low as 42 cents at one point. It traded at 52 cents at 11am.

In an open query issued at 10.14am, SGX noted the unusual price movements and asked whether the company was aware of the reasons.

Sino Grandness has yet to reply.