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Hot stock: Chemical Industries (Far East) rises 8.5% to S$0.77; director resigned night before

Yong Hui Ting
Published Fri, May 26, 2023 · 02:42 PM

SHARES of Chemical Industries (Far East) were up 8.5 per cent, or S$0.06, to S$0.77 as at 2.07pm on Friday (May 26).

About 2,800 shares were traded at the time, and no married deals were found on data platform ShareInvestor.

This comes after the company announced in a bourse filing late last night that its non-executive and non-independent director, Lim Yew Khang Cecil, had tendered his resignation. It took effect on Thursday, the same day it was announced.

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