Hot stocks: AEM rises on revenue optimism; Ossia sinks after dividend typo

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SHARES of mainboard-listed AEM Holdings jumped on Friday, a day after it upped its full-year revenue guidance to S$480-500 million. Read more at The Business Times.

The first and final dividend for the year ended March 2020 should have been 0.9 Singapore cent, instead of the 90 cents it announced on Wednesday, Ossia clarified on Thursday night.

After the original dividend announcement, its share price had jumped 78.8 per cent or 7.8 cents to 17.7 cents on Thursday morning before Ossia called for a trading halt. It lifted the halt at 4.45pm after issuing the clarification. On Friday, shortly after market open, the counter tumbled 35 per cent or 6.2 cents to an intra-day low of 11.5 Singapore cents. It then inched up to trade at 12 cents as at 3.39pm, down 32.2 per cent or 5.7 cents from Thursday's close, with 634,300 million shares changing hands.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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