Mencast calls for trading halt after price surge, query from SGX

MENCAST Holdings called for a trading halt of its shares at 12.32pm on Thursday, pending an announcement.

The maintenance, repair and overhaul solutions provider did this following a surge in its stock price that triggered a query from the Singapore Exchange (SGX) soon after the market opened on Thursday morning.

As at 12.21pm on Thursday, the counter had traded at 19.3 Singapore cents - a surge of 2.9 Singapore cents, or 17.7 per cent - with some 2.1 million shares changing hands.