New Wave shares soar on proposed offer from Fragrance CEO
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES of New Wave Holdings climbed as much as 56 per cent on Monday, following news of a proposed offer by Fragrance Group's chief executive.
The stock, which resumed trading on Monday after a trading halt on Oct 20, kicked off at S$0.013 - also its intra-day low - and hit a high of S$0.014 before closing at S$0.013 again, up 0.4 Singapore cent or 44 per cent. Some 44.3 million shares worth S$587,600 changed hands.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
