en to strategic investors and remained on the hunt for new factory capacity, sending its stock up as much as 4 percent. "Chartered is open to considering strategic investors if and when such opportunities arise," Chartered spokeswoman Tiffany Sparks told Reuters in an e-mailed reply to questions. "We need to evaluate such opportunities on a case-by-case basis and ensure that it is in the interest of all shareholders," she said.
Chartered shares have risen 6.4 percent in the first two days of this week, hitting a four-month high of S$0.97 on Monday on speculation of a possible bid for the firm. The stock was up 1.7 percent at S$0.925 at 0441 GMT after peaking at S$0.945.
