Update: SGX issues trading query to Hosen Group

IN response to a trading query from the Singapore Exchange (SGX) on Thursday, Hosen Group said it was not aware of any information not previously announced that may explain the unusual trading activity.

SGX had issued a trading query to the distributor of fast-moving consumer goods in the afternoon after the stock surged by more than 26 per cent and was among the most actively traded counters.

By market close, the stock was 17 per cent higher at 4.8 cents.