SGX issues 'trade with caution' note on Yanlord shares

THE Singapore Exchange (SGX) has warned that shareholders and investors should trade with caution when it comes to shares in Yanlord Land Group, pointing to a near 23 per cent rise in its share price between April 23 and 27.

On Monday, SGX queried Yanlord on the significant run-up in its share price, to which the group said it was not aware of any reasons for the big jump.

"The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market," SGX added.