The trade priced was priced at 50c, marking a 50 per cent discount to the last close of $1.
Ensogo, formerly known as iBuy, owns and operates a network of e-commerce websites in Malaysia, Singapore, Thailand and Hong Kong. It is found by Australian internet entrepreneur Patrick Grove, who also established online businesses iProperty and iCar.
The company listed on the ASX in December 2013, in a deal handled by Canaccord Genuity and Morgans.
E88 Price at posting:
$1.00 Sentiment: Hold Disclosure: Held
