SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday :
SK Jewellery Group: The Catalist-listed firm's founders have made a voluntary conditional cash offer of $0.15 per share in a bid to privatise the company. The offer price values SK Jewellery at $84 million. On Tuesday, it requested to lift a trading halt called on Aug 28. Prior to the halt, the counter was trading up 8 per cent or 0.7 cent at 9.5 cents as at 4pm on Aug 28.
Raffles Education Corp: In response to a requisition notice, the private education provider's chairman and chief executive officer Chew Hua Seng said there is no investigation by the Singapore Commercial Affairs Department against him, his wife or his son. Mr Chew also noted that one of the requisitionists and the latter's company are being investigated in India. Shares of mainboard-listed Raffles Education finished Tuesday at 11.5 cents, up 0.5 cent or 4.6 per cent.
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Source: The Straits Times - 🏆 8. / 63 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »