** Shares of Selfwealth SWF.AX up 1.9% at A$0.27
** Stock rises as much as 3.8% earlier in the day to hit its highest level since Jan. 17, 2022
** Share trading services provider gets a higher takeover offer from Svava at A$0.28 per share
** Offer from Svava, which operates wealth management platforms in Singapore, Australia, and Hong Kong, values co at A$65 mln ($39.92 mln)
** In November, Bell Financial Group BFG.AX offered to buy co at A$0.25 cash per share, valuing Selfwealth at A$58 mln
** Selfwealth up more than 10% this year, as of last close
($1 = 1.6284 Australian dollars)
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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