Cacola shares double on news of RTO deal
Livestock breeding among businesses of watch-list firm's target group
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.
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