Shares of Singapore’s IEV Holdings (IEVH.SI) rose as much as 3.2% on Thursday after the company announced the renewal of a gas sale and purchase agreement with Indonesian packaged food producer PT Indofood CBP Sukses Makmur Tbk (ICBP.JK).
At 9:05 a.m., shares of the Singapore engineering and clean energy firm were up 2.2% at $0.475, outperforming the broader Straits Times Index <.FTSTI> which was 0.1% higher.
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