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Shares in Nutryfarm International fall after trading halt lifted, announcement of acquisition

Company taking 45% stake in First Linkage to help diversify income streams

Nisha Ramchandani

Published Fri, Mar 16, 2018 · 09:50 PM

Singapore

SHARES in Nutryfarm International fell 3.5 Singapore cents to close at 27.5 cents on Friday after the company lifted its trading halt and announced that its subsidiary was acquiring a 45 per cent stake in First Linkage.

The company halted trading in its stock on Thursday afternoon after its share price jumped by nearly 35 per cent to 31 Singapore cents, prompting a query from the Singapore Exchange (SGX). It resumed trading on Friday morning.

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