The Business Times
business-time-50
SUBSCRIBERS

Hot stock: Cordlife rises 19.3% on possible share transaction

google-preferred-sourceAdd BT as a preferred source
Daphne Yow

Daphne Yow

Published Mon, Jun 26, 2023 · 12:27 PM
    • Shares of Cordlife Group hit a three-year high amid heavy trading on Monday (Jun 26) after the company said it was aware of a possible transaction for an offer for its shares.
    • Shares of Cordlife Group hit a three-year high amid heavy trading on Monday (Jun 26) after the company said it was aware of a possible transaction for an offer for its shares. PHOTO: YEN MENG JIIN, BT FILE

    SHARES of Cordlife Group hit a three-year high amid heavy trading on Monday (Jun 26) after the company said it was aware of a possible transaction for an offer for its shares.

    Its counter rose as much as 19.3 per cent or S$0.08 to trade at S$0.495 as at 11.31 am, with some 1.2 million shares changing hands. The last time the counter closed near this level was on Aug 28, 2019.

    No married deals were recorded at the time, ShareInvestor data indicated.

    Hot Stockcordlife

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Indonesian President Prabowo Subianto and Russian President Vladimir Putin met at the Kremlin in Moscow on April 13.

    As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.

    Is it time to scrap COE categories for cars? 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More