Here’s a selection of Singapore-listed companies that released noteworthy announcements this week (in chronological order).
MindChamps PreSchool Queried By Singapore Exchange MindChamps PreSchool Ltd (SGX: CNE) attracted the attention of the Singapore bourse after its shares fell more than usual.The education company’s shares sank by as much as 24.8% to S$0.38 on Monday, hitting a fresh 52-week low. That prompted the Singapore Exchange (SGX) to issue a query regarding the unusual share price movement.
In its reply, MindChamps said that it is unaware of any possible explanation not previously announced by the company that might explain the erratic share price movements and that it is in compliance with the listing rules.
On Monday, MindChamps’ shares closed at S$0.485 apiece. At that share price, it was selling at 24 times its historical earnings.
Mapletree Logistics Trust’s Chief Financial Officer ResignsMapletree Logistics Trust‘s (SGX: M44U) manager announced on Monday that
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