GuocoLeisure shares up on more delisting talk


SHARES in GuocoLeisure were again bolstered by speculation that the hospitality operator controlled by Malaysian tycoon Quek Leng Chan could be privatised.

The stock jumped by as much as 7.7 per cent in intra-day trading yesterday to $1.195, before ending at a multi-year closing high of $1.155, up 4 per cent from Thursday.

A share price surge earlier this week prompted a query from Singapore Exchange. GuocoLeisure responded on Thursday that "it was not aware of any reasons that could possibly...

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