** Shares of Engenco EGN.AX rise 33.3% to A$0.28, their highest level since Feb. 15
** The transportation company received an off-market takeover offer to acquire all of its ordinary shares for $0.305 cash per share from Elph Investments
** The offer values the company at A$96.4 million ($61.06 million)
** Stock rose as much as 38.1% earlier in the day, marking its biggest intraday gain since Sept. 7, 2011
** EGN up 54.1% YTD, including today's moves
($1 = 1.5788 Australian dollars)
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))
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