Ogawa World surges on Shenzen-listed Xiamen takeover plan


KUALA LUMPUR: Shares of Ogawa World had one of its best share price performance, surging to a high of RM1.05 on Tuesday after Shenzen-listed Xiamen Comfort Science & Technology Group Co. Ltd has launched a takeover at RM1.05 cash a share.

At 10.05am, Ogawa was up 15 sen to RM1.01. There were 3.82 million shares done at prices ranging from RM1 to RM1.05.

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