TMC Education surges after Fragrance CEO launches takeover bid
Singapore
SHARES of TMC Education Corporation Ltd surged as much as 120 per cent on Friday on news of a takeover bid by the chief executive of real estate developer Fragrance Group.
TMC Education, which resumed trading on Friday after requesting for a trading halt on Thursday pending the release of an announcement, kicked off at S$0.068 on Friday.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future