Nasdaq halted trading in Premium Catering (Holdings) Limited (PC) after the exchange requested additional information from the company. The halt follows a prior SEC suspension of PC’s trading from October 17 to October 30, 2025, which was issued on October 16, 2025, due to concerns over potential manipulation of the company’s shares through social media‑driven recommendations. The Nasdaq request seeks clarification on PC’s disclosure practices and the completeness of its recent filings. Premium Catering has stated that it has not engaged in price manipulation and will fully cooperate with both the SEC and Nasdaq. The company also confirmed that its business operations remain normal and are not affected by the trading suspension. Nasdaq will maintain the trading halt until PC provides the requested information, underscoring the exchange’s commitment to ensuring listed companies meet ongoing disclosure obligations. The action reflects Nasdaq’s enforcement of its listing standards and serves to protect investors by maintaining market integrity. The halt may impact PC’s liquidity and market perception until the issue is resolved.
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