OKH recovers 20% after collapse

CFO says the company is still operating and that he doesn't see any liquidity issues at this point in time

Published Tue, Mar 22, 2016 · 09:50 PM

Singapore

SHARES of industrial property developer OKH Global recovered 20 per cent, or 1.4 Singapore cents, to 8.5 cents on Tuesday, a day after a spectacular collapse triggered by the forced sale of shares pledged to private banks.

Some 287 million shares worth S$24 million were traded, propelling the counter to become the top stock traded on Singapore Exchange (SGX) by volume, and one of the top 20 by value traded.