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Best World bounces back after company, CEO and president scooped up shares

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Best World bounces back after company, CEO and president scooped up shares

PC Lee Published on Fri, Aug 18, 2017 / 6:16 PM GMT+8

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SINGAPORE (Aug 18): Shares in Best World International, the manufacturer and distributor of skincare and wellness products, surged 15.5% to close at $1.20 on Friday after its two co-founders and the company bought back shares in the open market.

See: Right timing: Best World punters get cold feet

On Tuesday, Best World had lost more than a fifth of its value to end at $1.03 following worries over China’s crackdown on direct selling companies that use pyramid schemes.

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