CFM shares jump 80.3% after announcement of SING-SWE MM Biotechnology acquisition

Published Fri, Jun 4, 2021 · 05:50 AM

Singapore

SHARES of CFM Holdings jumped 80.3 per cent amid heavy trading on Thursday, up from when it last traded on May 28.

This was after the company's announcement that it entered into a sale-and-purchase agreement to acquire 51 per cent of the total issued ordinary share capital of SING-SWE MM Biotechnology for an aggregate consideration of up to S$6.1 million.

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Companies & Markets

Companies & Markets

CFM shares jump 80.3% after announcement of SING-SWE MM Biotechnology acquisition

KEYWORDS IN THIS ARTICLE

Companies & Markets

TikTok tells advertisers: ‘We are not backing down’

EV automakers get reprieve in US tax credit rules

Nomura, Mizuho face losses on All Blue fund’s failed trades

Stablecoin Tether steps up monitoring in bid to combat illicit finance

HSBC asked by US$890 billion investor group to set energy goal

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

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