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Japfa jumps 10.8% on plans to list separate China dairy unit

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Tan Nai Lun

Tan Nai Lun

Published Wed, Mar 30, 2022 · 09:50 PM
Price jump

Singapore

SHARES of Japfa jumped on Wednesday (Mar 30), after the agri-food company announced plans to list its China dairy unit in Hong Kong and distribute its entire shareholding in the company to its existing eligible shareholders.

Japfa ended the day S$0.07 or 10.8 per cent higher at S$0.72 after climbing as much as 13.1 per cent.

japfa

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