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Stocks to watch: GL, Ezion, Healthway

Tuesday, August 30, 2016 - 08:23


THE following companies made material announcements before the opening of Tuesday's market:

Property group GL Ltd, the former GuocoLeisure, reported net profit shot up 41 per cent to US$67.6 million from the year-ago period.

Liftboat operator Ezion Holdings has adjusted its second-quarter results down US$11.7 million following the additional impairment of property, plant and equipment and intangible assets of an associate.

Clinic operator Healthway Medical Corporation agreed to issue up to 133.3 million new ordinary shares at three Singapore cents each to raise net proceeds of about S$3.75 million.

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