Singapore Stock Market News
Kim Heng - currently down 6.9%
StockFanatic
Publish date: Wed, 23 Jul 2014, 04:10 PM
StockFanatic
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| Stock started to sell-down around noon |
The share price of Kim Heng Offshore & Marine is currently down 6.9% at S$0.27.
We understand that the share moratorium (IPO was in January this year) expired yesterday.
KH Group and Credence in aggregate own 59.7% of the group, with a moratorium of 12 months from the date of IPO. Zana Capital, which has control over Double Happiness, also has a 12 months moratorium.
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