Indo Global Exchanges Pte Ltd (IGEX)

[Multi-Bagger]

Looks like some smart investors buying the cheap shares before the RS cancellation news imho. As per 8-K filed in Oct 2016

Within 180 days following Closing, either the Sarissa Representatives or John O’Shea may elect, in the sole discretion of either, to file with the SEC, a Form S-1 or Regulation A+, to spinoff IGEX Sub (the “Spinoff”), at the expense of IGEX Sub.