The Business Times
business-time-50

Hot stock: Medtecs surges 18% to 2-month high, gets queried

Yong Hui Ting

Yong Hui Ting

Published Tue, Oct 18, 2022 · 11:23 AM
    • Medtecs International last announced the opening of a glove manufacturing facility in Cambodia on Sep 30.
    • Medtecs International last announced the opening of a glove manufacturing facility in Cambodia on Sep 30. PHOTO: REUTERS

    SHARES of Catalist-listed Medtecs International surged 18 per cent to S$0.144 as at 11.09 am on Tuesday (Oct 18), the highest the counter has traded in nearly two months, while 4.1 million shares changed hands in the morning.

    No married deals were recorded, according to ShareInvestor data.

    Shortly after, the medical consumables distributor received a query from the Singapore Exchange (SGX) asking if it was aware of any information or explanation over its “unusual price movements”.

    medtecs intlHot Stock

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    HDB said the listed price of S$2.18 million for the flat at 93B Telok Blangah Street 31 was “significantly higher” than comparable transactions in the area.

    HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m

    Japan becomes more valuable to Asean partners when that alliance increases Japanese capabilities without limiting its other relationships in Asia.

    What role can Japan play in Asean’s future?

    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