Reebonz sees sudden stock price surge days before Nasdaq delisting deadline

Reebonz sees sudden stock price surge days before Nasdaq delisting deadline

Samuel Lim, founder and chief executive officer of Reebonz Pte, poses for a photograph at the company's headquarters in Singapore, on Friday, Jan. 2016. Photographer: Nicky Loh/Bloomberg

Singapore-based luxury goods marketplace Reebonz Holding Ltd – which faces the Nasdaq Exchange listing compliance deadline on Friday – has seen its stock price surge by $19.25, or 220 per cent intraday to end the trading session at $28 on March 27, 2019.

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