Lifebrandz queried over unusual trading activity

THE Singapore Exchange (SGX) has queried nightclub operator Lifebrandz over its share trading activity on Wednesday.

In a filing on SGX website at 3.26pm, the bourse operator noted the unusual volume movements in Lifebrandz shares.

Lifebrandz shares opened at S$0.033 and spiked 39.4 per cent to S$0.046, with 44.038 million shares having changed hands as at 4pm on Wednesday.