FJ Benjamin's high volume prompts enquiry from SGX

Singapore

FASHION retailer FJ Benjamin Holdings has received yet another query from the Singapore Exchange (SGX) following a spike in its trading volume. The counter had a roller-coaster session on Thursday, trading at a high of 9.2 Singapore cents in early morning trade before closing down 4.88 per cent or 0.4 Singapore cent at 7.8 Singapore cents apiece. Some 52.8 million shares changed hands.

In its response to the SGX's query on Thursday morning, FJ Benjamin clarified that it is unaware of any information not previously announced concerning the company and its subsidiaries which may explain the "unusual trading activity".