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Sincap jumps 6.3% on liability disclaimer, Orion Energy expansion

The firm says it no longer has responsibility for Shandong Luneng's operations

Published Fri, Dec 22, 2017 · 09:50 PM

Singapore

SHARES of commodity trader Sincap Group rose 6.3 per cent on Friday after the company took steps to address potential liabilities from a recently disposed subsidiary.

The counter finished at 1.7 Singapore cents, up 0.1 Singapore cent, with 35.3 million shares worth S$628,200 changing hands, making it one of the top five stocks by volume.

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