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OSIM edges up despite tea unit's HK media storm over pesticides

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Published Mon, Oct 5, 2015 · 09:50 PM

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    On the mend

    Singapore

    THE market seems to agree with TWG Tea that the pesticide issue that blew up last week, when the Hong Kong media reported on how excessive pesticide residue was found in a batch of TWG Tea sent to Taiwan, was a storm in a teacup.

    Shares of mainboard-listed OSIM International - owner of the luxury tea retailer - closed higher by two Singapore cents or 1.23 per cent at S$1.645 on Monday, with 2.19 million shares traded.

    Singapore Stocks

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