Here's What's Hot Today in SG
23 September 2021
Olam International (OLAM SP) shares rose 5.7% to close at its highest since June 2021. Earlier this week, the company posted more information on the planned demerger and IPO of Olam Food Ingredients.
CapitaLand Investment (CLI SP) climbed another 3.16% after The Edge Singapore reported that Chairman Miguel Ko bought over $2m worth of shares on its trading debut, paying $2.9349 each for 700,000 shares.
Oxley Holdings (OHL SP) shares closed 2.5% higher after the company announced that it had divested its land parcels in North Sydney for approximately $96.3 million.
Sembcorp Marine (SMM SP) shares dropped 2.35% after it was announced that Temasek Holdings made a mandatory conditional general cash offer to acquire issued and paid-up shares.
UnUsUaL Limited (UNU SP) shares plunged 13.0% after RHB Research downgraded the company to a neutral rating with a lower target price of $0.14.
Read more: https://www.kgieworld.sg/research/23sepsg
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