Thailand: AJD scrip hits roof on rumours of takeover by Chinese e-commerce giant Alibaba

Thailand: AJD scrip hits roof on rumours of takeover by Chinese e-commerce giant Alibaba

By stockimages. Freedigitalphotos.net

The Stock Exchange of Thailand (SET) has suspended the trading in Crown Tech Advance PCL (AJD) today. This follows the earlier action by SET, where had put a ‘halt (H)’ on the trading of the scrip after it hit the circuit, following the rumour that Chinese e-commerce giant Alibaba Group was planning to take over the home-entertainment manufacturer, distributor and logistics firm.

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