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Tat Hong at 11-mth high
Group unveils potential transaction relating to its shares but says talks are preliminary
Published Tue, Mar 15, 2016 · 09:50 PM
Singapore
Shares of crane rental company Tat Hong Holdings were lifted to their highest in at least 11 months on Tuesday after the group said in the morning that it was considering a potential offer to buy some of its stock.
"The company has been approached in connection with a potential transaction which may or may not lead to an acquisition of the issued share capital of the company," it said in a Singapore Exchange filing before the market's opening bell.
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