You are here

SPH shares soar 22% on heavy volumes on restructuring talk

Stock hits intra-day and 4-month high of S$1.28, ends at S$1.25

BT_20201121_SPH_4336323.jpg
Queried by SGX, SPH said it regularly assesses all opportunities in its portfolio to enhance shareholder value.

Singapore

AS RESTRUCTURING rumours swirled, shares of Singapore Press Holdings (SPH) shot up on Friday in active trading, prompting a query from the bourse operator.

They kept up a rapid ascent right after the opening bell, hitting an intraday high of S$1.28 - up 22 per cent or S$0...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes