Profit-seekers chase up Sime's buy-back target

Sime Darby Hong Kong's shares yesterday surged 28.81 per cent in the wake of a plan by its Malaysian parent to buy out minority shareholders.

The counter resumed trading, after being suspended on Thursday, and jumped 85 HK cents to close at a year's high of HK$3.80 on a turnover of 7.18 million shares.

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