Thursday 19 Dec 2024
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(March 8): Massage chair manufacturer OSIM International Ltd jumps as much as nearly 14 pct in early trade to over four-month high of S$1.395 ($1.01)

** Ron Sim, founder and biggest shareholder of the Singaporean firm, offers to pay more than S$300 million ($218 million) to buy out minority shareholders in the company, taking advantage of weak valuations in a tough market

** Shareholders may not accept offer unless Sim raises offer price from the current S$1.32 - brokerage Maybank Kim Eng

 

 

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