SINGAPORE May 14 Shares in Singapore conglomerate Straits Trading Co jumped nearly 5 percent on Tuesday to a three-year high of S$4.16, after the company accepted an offer for its holdings in WBL Corp from a group led by United Engineers Ltd.
WBL Corp shares edged down 0.2 percent and United Engineers fell nearly 1 percent in early trade.
(Reporting by Rujun Shen; Editing by Edwina Gibbs)
South Africa's Gordhan to court investors in Britain, U.S.
JOHANNESBURG, March 25 South African Finance Minister Pravin Gordhan embarks on a week-long non-deal investor roadshow in Britain and the United States on Monday as weak economic growth and ruling party tensions put the country's investment grade at risk.