Lifebrandz's warrants - new and interesting

BRAND development and management firm Lifebrandz was in the news last week after its shares shot up S$0.015 or 45.4 per cent to S$0.048 on Wednesday, prompting a query from the Singapore Exchange (SGX).

The company's reply was essentially that it did not know of reasons for the jump, though it later responded to a Business Times article which said the interest could have been because of rumours of a reverse takeover.

In that response, Lifebrandz noted that it had recently undergone a restructuring and with the appointment of Saito Hiroyuki as the executive chairman and CEO, said that it is "cautiously exploring business opportunities to position and transform'' the company's business direction, adding that announcements will be made when necessary.