SHARES of mainboard-listed Thomson Medical Group : A50 +15.87% climbed by nearly 16 per cent to reach a two-week high on Monday (Mar 6) and were among the most actively traded on the Singapore bourse.

 

This came after the healthcare provider said on Friday evening that it is evaluating and pursuing proposals which may involve acquisitions or collaborations for healthcare-related business in South-east Asia, as part of its growth plans for the region.

 

The counter hit a high of S$0.074 in intraday trading, up 17.5 per cent or S$0.011. It ended the day at S$0.073, up 15.9 per cent or S$0.01. The last time Thomson Medical closed near this level was on Feb 21.

 

The counter also ended the day as the second most traded by volume, with 41.7 million shares changing hands. There were no married deals recorded, according to ShareInvestor data.

 

The company said on Friday that it has been actively seeking investment opportunities, in line with its objective to grow its pan-Asian footprint. As at the date of its announcement, the group noted it has yet to enter into any definitive agreements. There is also no certainty or assurance that any of its mentioned ongoing plans will materialise.

 

perhaps at 0.13, hold for this, dyodd