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Hot stock: Halcyon Agri surges 34.5% to two-year high after acquisition offer

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Yong Hui Ting

Yong Hui Ting

Published Thu, Nov 17, 2022 · 10:04 AM
    • The group has said it received an offer from China Hainan Rubber Industry Group to acquire a 36 per cent stake in the group.
    • The group has said it received an offer from China Hainan Rubber Industry Group to acquire a 36 per cent stake in the group. PHOTO: BT FILE

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    SHARES of rubber producer Halcyon Agri surged 34.5 per cent to an intraday high of S$0.39 during early trade on Thursday (Nov 17).

    The counter was among the top five most heavily traded counters by volume, with nearly 11.2 million shares changing hands in the morning.

    The last time the counter traded near such levels was in June 2020. No married trades were recorded, according to ShareInvestor data.

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    Hot StockHalcyon Agri

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