The counter climbs 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am.
SHARES of engineering company PEC were up 11.4 per cent on Thursday (Nov 28) following talks of a possible share deal.
The counter had climbed 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am. At the midday trading break, the stock had traded up by 10.1 per cent or S$0.075 to S$0.82, with 1.2 million securities switching hands.
On Wednesday, the company said that a third party had approached it about a “possible transaction” in relation to its shares.
However, it said that no decision had been made and that there was “no certainty or assurance” that any transaction in respect to its shares would take place.
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