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Wee Hur rises 11% on partial stake sale in student housing fund to GIC-linked entity
Shares of the property developer and builder closed at S$0.22 on Friday, with close to 6.2 million securities changing hands
Published Sat, Apr 23, 2022 · 05:50 AM
NEWS of Wee Hur Holdings' partial divestment of its stake in a student accommodation fund to a GIC-linked investment company have sent its shares soaring.
Shares of the property developer and builder closed at S$0.22, higher by S$0.022 or 11.1 per cent on Friday (Apr 22).
The price had peaked at S$0.23 at 3.46 pm, up by S$0.032 or 16.2 per cent over its last closing price, with close to 6.2 million securities changing hands.
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