Recent Update of SGX Market : Alliance Mineral Assets’ volume surge triggers second SGX query in four months

SINGAPORE (June 23): Singapore Exchange (SGX) is asking Alliance Mineral Assets to explain the unusual trading volumes in its shares on Thursday after shares soared.

SGX asked the Australia-based company dealing with tantalum mineral resources to disclose any information for the unusual trading.

This is the second time in four months that Alliance Mineral Assets has been queried by SGX.

SGX urged the company’s Board of Directors to “collectively and individually take responsibility for the accuracy of the reply to the query”.

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