Addvalue shares soar on news of One Belt, One Road deal
Shares up 40.4% with 76.5m shares traded, bucking downward trend since beginning of this year
Singapore
NEWS of involvement in a major communications project associated with China's One Belt, One Road initiative brought life to the otherwise listless shares of Addvalue Technologies.
At the close of trading on Monday, the company's shares were up 40.4 per cent at 7.3 Singapore cents, with a hefty 76.5 million shares traded after the morning trading halt was lifted at 10.45am.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
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