Corporate digest
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Alliance Mineral Assets
UOB Kay Hian has become the second Singapore stockbroker to restrict trading in the stock of lithium miner Alliance Mineral Assets after the counter's rapid run-up over the past few weeks. Alliance has doubled in value in March alone, closing at 39.5 Singapore cents on Wednesday. UOB Kay Hian will require cash for purchases above S$50,000 for the stock, market sources said. Lim & Tan Securities imposed buy and sell limits of S$30,000 on March 27 to control exposure to the counter.
EMS Energy
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