You are here

Shares of Natural Cool gain heat amid drama

Stock soars up to 6% in price after 37m shares changed hands, exceeding three-month average of 13.4m shares

BT_20170222_CHCOOL22_2755350.jpg
Natural Cool's unfolding drama recently saw the ouster of all but one director on the board. It started in late October when its single-largest shareholder Lim Teck Chuan first sought to remove then chairman Joseph Ang from his position.

Singapore

ALMOST two weeks after the ouster of all but one director on the board of Natural Cool Holdings, its shares have gained heat, muscling their way to the active list on Tuesday, amid an unfolding drama over the proposed divestment of a stake in oil exploration firm HMK Energy.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom