Nam Cheong contracts push shares up

Nam Cheong shares rose as much as 2.7% after securing sales contracts worth $43.8 million.

A Reuters report said, “In early trading, Nam Cheong shares were up 2.2 percent at S$0.187 with 4.8 million shares traded, 1.5 times the average full-day volume over the past 30 days.”

According to the report, Nam Cheong was among the top 20 traded stocks by volume in the Singapore market.

View the report here.

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