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NOL surges in heavy trading, prompting SGX query

Talks on potential acquisition of NOL still ongoing, company says in response

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Published Tue, Nov 17, 2015 · 09:50 PM

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SHARES in Neptune Orient Lines (NOL) were back in the trading limelight on Tuesday, with its unusual price and volume movements prompting a query from the Singapore Exchange (SGX).

The stock surged more than 7 per cent to an intraday high of S$1.145 within the first two hours of trading.

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