SMI Vantage (SGX:Y45) acquired a controlling interest in Whisky Cask Club as part of its strategy to invest in businesses with high growth potential, according to a filing with the Singapore Exchange on Thursday.
Whisky Cask Club invests and trades large containers, or casks, of rare and ultra-premium whisky.
The investment and management company's shares plunged nearly 29% in recent Friday trade.
Price (SGD): S$0.01, Change: S$-0.002, Percent Change: -28.57%
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