Mencast Holdings Ltd. (SG:5NF) has released an update.
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Mencast Holdings Ltd. has addressed the recent unusual trading activity of its shares, linking it to a news article that featured its subsidiary, Mencast Offshore & Marine Pte Ltd, in relation to an oil spill cleanup operation. The company has confirmed that there is no undisclosed information that could have prompted the trading fluctuations and asserts its compliance with the Singapore Exchange Securities Trading Limited’s listing rules.
For further insights into SG:5NF stock, check out TipRanks’ Stock Analysis page.