MindChamps tumbles 24.8% on Monday afternoon, prompting SGX query

Singapore

SHARES in MindChamps PreSchool sank by as much as 24.8 per cent to 38 Singapore cents on Monday afternoon, hitting a new 52-week low, and prompting a query from the Singapore bourse.

In response, MindChamps said it was unaware of any possible explanation not previously announced by the company that might explain the "unusual price movements", and that it was in compliance with the Singapore Exchange listing rules.