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HanKore shares soar on plans for RTO deal

Stock closes 35% higher at 10.8 cents in heavy trading

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Published Tue, Dec 31, 2013 · 10:00 PM

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    Singapore

    INVESTORS pounced on shares of HanKore Environment Tech Group yesterday after the water-treatment technology firm unveiled on Monday its plans for a reverse takeover deal with China Everbright Water Investments (CEWI).

    HanKore shares were up 36 per cent in intra-day trade yesterday, touching a high of 10.9 cents. The counter was the most actively traded, with 780.7 million shares changing hands.

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