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Singapore stocks extend gains on Thursday, rising 0.7%

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THE Straits Times Index extended gains, rising 23.03 points or 0.71 per cent to 3,285.72. Read more at The Business Times.

The company’s shares had traded largely unchanged for the past month, but rose steadily since the start of this week.

Just last week, the company’s founder and largest shareholder Desmond Lim had died. He had held a 41 per cent stake as at March 13, while Temasek, the next largest shareholder, held about 25 per cent.

 

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