Feb. 2 (Bloomberg) -- LMG Chemicals Corp. climbed to the highest in more than 15 years in Manila trading after parent Chemical Industries of the Philippines Inc. said it received offers to purchase its shares in LMG.
The stock gained 1.9 percent to 8.15 pesos as of 10:02 a.m. local time, set for the highest close based on prices going back to October 1996. The stock is heading for a 400 percent, eight- day rally. The Philippine Stock Exchange Index climbed 0.8 percent.
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