SINGAPORE (June 1): Loyz Energy says it regularly reviews its strategic options following a 5% jump in its share price but warned investors that no definitive agreements have been entered into by the group.

The energy-related company says it holds discussions with a range of parties regarding possible transactions in relation to, among others, including mergers and acquisitions as part of the regular reviews.

At around 2pm, Loyz shares were trading around 2 cents a share, up 0.1 cent or 5.3%. About 101 million shares changed hands, making Loyz the most actively traded stock on the Singapore Exchange.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook