Vitasoy ‘open to collaboration’ as takeover speculation mounts; S’pore tycoon ups stake in firm

Quick Summary:

Singapore billionaire Philip Ng upped his stake in Vitasoy to 12.26 per cent from 11.87 per cent.

It announced an interim dividend of HK$4 cents per share, compared with HK$1.4 cents a year before.

Recognition that there is potential in the company going forward is a good thing.

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Article Details

Category: EconomyBusiness

Markets: SingaporeHong Kong

Topics: Potential Cent Collaboration Vitasoy Opportunities Stake Billionaire Singapore Comment Philip Months

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 12:35:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23901485

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