Dyna-Mac surges 12.9% after death of CEO, biggest shareholder

Singapore

SHARES of offshore oil and gas contractor Dyna-Mac Holdings climbed on Thursday amid active trading, prompting a query from the Singapore Exchange (SGX).

The counter gained 1.5 Singapore cents or 12.9 per cent to an 18-month high of 13.1 cents at market close. The shares reached an intra-day high of 14.2 cents at around 10.30am on Thursday. Some 42.7 million shares changed hands, making it one of the most heavily traded on the Singapore bourse for the day.