Alset soars 19.4% after Tesla partnership announcement
Singapore
SHARES of Alset International rose on Tuesday after the previous day's announcement of its partnership with electric vehicle (EV) company Tesla to deliver its first 20 eco-friendly homes (Ehomes) in the Houston area of Texas.
The stock rose 19.4 per cent, or 1.2 Singapore cents, to reach an intraday high of 7.4 cents. It ended the day at 6.6 cents, up 0.4 cent or 6.45 per cent higher than Monday's close of 6.2 cents, with 26.61 million shares changing hands.
TRENDING NOW
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry