Hot stock: Swee Hong soars after end of scheme of arrangement
DeeperDive is a beta AI feature. Refer to full articles for the facts.
CIVIL engineering company Swee Hong's shares rose by 35.7 per cent on Friday morning to S$0.019.
This came after it announced the end of the scheme of arrangement between the company and its creditors on Thursday, which took effect in December 2015.
Swee Hong last traded at S$0.014.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts