Shipbuilder Cosco Corporation (Singapore) drew a query from the Singapore Exchange for its unusual share price movements.
On Tuesday, its shares closed at 8.8% or 3.5 cents higher at 43.5 cents with 31 million shares traded.
The increase follows a rise of 6 cents on Monday.
Cosco resumed trading two weeks ago after a trading suspension of several months as parent company China Ocean Shipping (Group) Company, or Cosco Group, was involved in a restructuring of its shipping businesses with China Shipping Container Lines Co.
On Dec 11, Cosco said the restructuring will not involve its business segments for the time being.
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On Tuesday, its shares closed at 8.8% or 3.5 cents higher at 43.5 cents with 31 million shares traded.
The increase follows a rise of 6 cents on Monday.
Cosco resumed trading two weeks ago after a trading suspension of several months as parent company China Ocean Shipping (Group) Company, or Cosco Group, was involved in a restructuring of its shipping businesses with China Shipping Container Lines Co.
On Dec 11, Cosco said the restructuring will not involve its business segments for the time being.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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