Charisma Energy's share price surge prompts SGX query

SGX queried Charisma Energy Services on unusual share price movement as its shares tripled in value.
SGX queried Charisma Energy Services on unusual share price movement as its shares tripled in value.PHOTO: ST FILE

SINGAPORE - The Singapore Exchange (SGX) on Friday (Jan 11) queried Charisma Energy Services on unusual share price movement as its shares tripled in value from 0.1 cent to 0.3 cent.

A total of 52.3 million shares had changed hands by 1.41pm on Friday, according to data from ShareInvestor.com. The last time the shares traded before Friday was on Dec 31 2018, when they closed at 0.1 cent.

The company had previously announced it was exiting the Singapore electricity retail market on Dec 30, 2018.