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Hot stock: No Signboard slumps 45.2% as trading resumes after more than 2 years

Michelle Zhu
Published Fri, Mar 15, 2024 · 09:46 AM
    • No Signboard's trading resumption comes ahead of the record date for its proposed six-to-one share consolidation.
    • No Signboard's trading resumption comes ahead of the record date for its proposed six-to-one share consolidation. PHOTO: NO SIGNBOARD

    SHARES of No Signboard tumbled on Friday (Mar 15) morning, as the restaurant operator resumed trading more than two years after it first called for a voluntary suspension.

    As at 9 am, the counter fell as much as 90.3 per cent or S$0.028 to S$0.003, after 500 million securities changed hands.

    It later clawed back to S$0.012, down 61.3 per cent or S$0.019, as at 9.22 am, with some 1.4 million shares moved. 

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