SUBSCRIBERS
Cacola shares double on news of RTO deal
Livestock breeding among businesses of watch-list firm's target group
Nisha Ramchandani
Published Fri, Apr 11, 2014 · 10:00 PM
Singapore
SHARES in Cacola Furniture International, which was put on the Singapore Exchange watch- list last month, more than doubled in price yesterday on news of a reverse takeover (RTO) deal.
The stock closed at 2.9 cents, up 1.6 cents or 123 per cent from its last traded price of 1.3 cents on April 7 before a trading halt set in the following day pending announcements.
Copyright SPH Media. All rights reserved.
