JAKARTA (Yosefardi) – Shares of LionGold Corp Ltd dropped further 24% to close at S$0.19 Tuesday (Oct 8), after gaining over 40% in early morning trade.
While shares of Asiasons lost 22.67% to close at S$0.1160, after rising over 50% in early morning trade.
Both stocks have fallen by over 90% their value in five trading days on the stock exchange of Singapore (SGX).
Asiasons is substantial shareholder in Malaysia-based LionGold Corporation, which entered into acquisition of minerals projects all over the world in the past few years.