KEL says third parties intend to buy its stake, stock price surges 20%

KEL Holdings (0681) announced that several third parties intended to acquire its shareholding, which was only tentative and still in initial talks. It was not guaranteed whether any conclusion could be worked out. 

The announcement claimed not aware of the reason for bringing the stock price and turnover up. KEL Holdings stood at HK$0.305 at 12:37:43 pm HKT, up HK$0.06, or 24.4%.

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