SINGAPORE, January 30, 2026, 07:52 (SGT)
TechCreate Group Ltd said Thursday it has no knowledge of any undisclosed information behind the heavy trading in its shares. The Singapore-based payment software company, listed on the NYSE American as TCGL, saw its stock surge and swing sharply. 1
This matters because exchange queries and sudden price jumps can push small companies into public responses, even if they say nothing’s changed. It also highlights how quickly prices can disconnect from fundamentals in thinly traded microcaps, where just a handful of orders can shift the chart.
StockTitan, a market news feed, reported that TechCreate got a query from NYSE American regarding trading in its ordinary shares. The company responded that it had no knowledge of any “material nonpublic information”—data not publicly available but significant to a reasonable investor. 2
TCGL closed Thursday at $86.36, swinging between a high of $459.90 and a low of $8.90 during the session. Roughly 4.7 million shares traded, market data shows.
Retail-trading platform StocksToTrade said the stock surged roughly 1,209% at one stage on Thursday. 3
In a separate move in India, Gujarat’s government announced plans for a 100 crore rupee “green” Tourism Bhawan in Gandhinagar, the state capital. The Tourism Corporation of Gujarat Ltd, known as TCGL, has called for architects to submit bids. 4
Officials call buildings “green” when they’re aimed at reducing energy and water use, plus handling waste more efficiently. The term can also refer to stricter rules on materials and cooling systems, even though many projects get the label before their designs are set in stone.
The Gujarat tourism corporation has no ties to TechCreate, even though they share identical initials. That mix-up happens often, especially when acronyms and tickers spread quicker than clarifications.
That said, the main risk for TCGL traders is straightforward: Thursday’s trading range was unusually wide, and moves like that tend to reverse when momentum slips. Absent fresh news, buyers are essentially wagering on order flow and whatever headline drops next.
TechCreate bills itself as a technology consultancy and software solutions provider specializing in payment systems, cybersecurity, and IT infrastructure. The company, founded in 2015, is headquartered in Singapore. 5
For now, the company’s statement might dampen speculation, but given the stock’s volatility, the next U.S. session could unfold very differently from the last.
