The Business Times

Companies & Markets

The Business Times
Subscribe
View more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

HOT STOCKS
·
SUBSCRIBERS

Mercurius rises 7.7% on s$36m plan to buy Malaysia grocery businesses

Among the grocery businesses it plans to acquire are Tan Lee Heng and Songmart Cash & Carry

Published Sat, Apr 10, 2021 · 05:50 AM
Share this article.

Singapore

SHARES of Mercurius Capital Investment rose 7.7 per cent or 0.5 Singapore cent on Friday, to close at seven Singapore cents, after the Catalist-listed company proposed to acquire 10 grocery businesses in Malaysia for S$36 million.

Based on its Friday closing price, Mercurius now has a market capitalisation of S$84.3 million.

KEYWORDS IN THIS ARTICLE

Mercurius Capital
Groceries
M&A

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here