SINGAPORE - The Singapore Exchange issued a trade with caution on Chinese developer Chiwayland International Ltd on Friday following the 33-per cent drop the company's share price between 14 and 16 October.

The mainboard-listed had responded to an SGX query on Thursday, saying it was not aware of any reasons that could possibly explain the trading in its shares.

"In view of the trading activities observed and the issuer's response, shareholders and potential investors should exercise caution when dealing in the securities," SGX said on Thursday.