Sino Grandness shares hit 52-week low amid heavy volume

Shares of Sino Grandness Food Industry Group declined as much as 23 percent on Wednesday.

• By Aastha Agnihotri
  August 16, 2017 13:42 +08

• Shares of Sino Grandness Food Industry Group declined as much as 23 percent on Wednesday.

• Stock touched a 52-week low of S$0.16.

• Trading volume at 2.6 million, above the 3-month average of 1.5 million.

• The Singapore-listed firm cans fruits and vegetables including asparagus, mushrooms, bamboo shoots and sweet corn.

• Company is yet to reply to a query raised by the Singapore Exchange pertaining to the unusual trading activity.