MAINBOARD-LISTED Mirach Energy on Monday morning said it does not know of any possible explanation for the trading activity on Oct 18 flagged by the Singapore Exchange .
Its shares had climbed 38.89 per cent or seven Singapore cents to S$0.25 at Friday’s close, with 775,600 shares changing hands. The SGX sent a query to the watch-listed firm after trading hours on Friday regarding its “unusual” price movements. Mirach will hold an extraordinary general meeting on Oct 29 at 3pm for shareholders to vote on the proposed change of the company’s auditors to BDO from Ernst & Young.
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