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Stocks to watch: Lifebrandz, Cacola Furniture
A COUPLE of micro-penny stocks could see some trading on Wednesday following disclosures:
Mainboard-listed nightspot operator Lifebrandz posted a S$7.63 million loss for full-year 2015 on Tuesday night, worse than the S$5.75 million loss it posted the previous year.
Watchlisted China furniture maker Cacola Furniture will resume trading after announcing the termination of a reverse takeover that would have seen the company go into the agri-food business.
Meanwhile, Asian stocks in general are expected to do better following a late rally in US shares on Tuesday night.