Sino Grandness shares fall 11%, queried by SGX

SINGAPORE - China-based food and beverage maker Sino Grandness Food Industry Group was queried by the Singapore Exchange on Monday morning (Aug 1) for unusual price movements in its shares.

As of Monday morning at 11.04am, the company's share price had fallen by more than 11 per cent. It was trading at 52 cents, with close to 15 million shares changing hands, shaving a tumble to 42 cents earlier in the session.