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S'pore's Straits Trading shares to resume trade

Thu Feb 14, 2008 10:42pm EST
 
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SINGAPORE, Feb 15 (Reuters) - Singapore commodities and property firm Straits Trading (STCM.SI: Quote, Profile, Research, Stock Buzz) said on Friday its shares will resume trading at 2:00 p.m. (0600 GMT).

The shares were suspended from trading after the Lee family, the main shareholder of Oversea-Chinese Banking Corp (OCBC.SI: Quote, Profile, Research, Stock Buzz), improved its offer for Straits Trading to S$6.55 a share, bettering the S$6.50 offered by Tecity.

(Reporting by Kevin Lim)

 

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