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SIAS draws attention to Blumont amid SGX query

It calls for speedy investigation into unusual price rise

Published Tue, Oct 1, 2013 · 10:00 PM
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INVESTOR lobby group Securities Investors Association (Singapore), or SIAS, has called for a "speedy investigation" into the unusual share price rise in Blumont Group. The call comes even as Blumont replied to a Singapore Exchange (SGX) query yesterday that it was not aware of any unannounced reasons that accounted for its share trading activity.

SIAS said Blumont shareholders need to know the reason for the price rise and whether it is supported…

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