PETALING JAYA: Shares in Singapore-listed Silverlake Axis Ltd tumbled 17.5 Singapore cents to 46 Singapore cents, the company’s lowest since February 2013, after a two-day trading halt as investors remained concerned over allegations made by an anonymous report released last Thursday.
The software solutions provider noted that its share price had experienced a significant fluctuation on Aug 21, leading to a query from the Singapore Stock Exchange and to the company requesting a halt in the trading of its shares. The purpose of the halt was to allow the company time to investigate the matter and prepare a response.
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