Asian Micro (SGX:585) received a listing and quotation notice for the issue and allotment of shares as a bonus to employees, according to a Tuesday filing with the Singapore Exchange.
Shares of the company surged over 33% in Wednesday trading.
The LQN is subject to shareholders' approval and compliance with SGX listing requirements.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.