MAS, CAD investigating Koyo International MD

Singapore

SHARES of penny stock Koyo International took another dive on Thursday, adding to their losses after the Singapore Exchange (SGX) sounded the alarm on the Catalist-listed counter in January.

The stock fell as much as 11.8 per cent or S$0.008 to touch S$0.06 around midday, then recovered marginally. It finished the session at S$0.063, down half a Singapore cent or 7.4 per cent, on 2.5 million shares traded.