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Stock to watch: Halcyon Agri

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Russell Marino Soh

Published Thu, Nov 17, 2022 · 08:08 AM
    • A Chinese company is acquiring a 36 per cent stake in Halcyon Agri, triggering a mandatory conditional cash offer for all the latter's shares.
    • A Chinese company is acquiring a 36 per cent stake in Halcyon Agri, triggering a mandatory conditional cash offer for all the latter's shares. PHOTO: BT FILE

    THE following company saw new developments that may affect trading of its securities on Thursday (Nov 17):

    Halcyon Agri : The company on Wednesday announced that a Chinese company is acquiring 36 per cent of its shares at US0.315 each. This has triggered a mandatory conditional cash offer for all shares in Halcyon Agri. Halcyon Agri has requested to lift its trading halt, which started on Nov 14, after the announcement. Its shares closed at US$0.29 on Nov 11, before the trading halt began.

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