SUBSCRIBERS
Sim Lian shoots up on privatisation offer
Published Wed, Aug 10, 2016 · 09:50 PM
Singapore
SHARES of construction and property development firm Sim Lian Group jumped 13.3 per cent or 12.5 cents on Wednesday to close at S$1.065 after it resumed trading.
This followed Monday's announcement of a privatisation offer from a consortium led by the company's founder. The stock price has not been at this level for a year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years