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Jump in Nam Cheong, Sunningdale shares triggers trading queries

Thursday, May 25, 2017 - 05:50

Nam Cheong.jpg
Nam Cheong CEO Leong Seng Keat said, in reply to SGX's query, that the group had announced on April 23 that it was holding discussions with principal lenders to address significant debt maturities, which may include among other things refinancing and/or restructuring of existing loans.

Singapore

SHARES of offshore support vessel builder and charterer Nam Cheong and plastics components manufacturer Sunningdale Tech surged amid hefty trading on Wednesday, prompting trading queries from the Singapore Exchange (SGX).

Nam Cheong shares surged as much as 35 per cent

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