Stocks to watch: Olam, SingPost, Sheng Siong
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE following stocks had developments over the weekend or on Monday morning that might influence trading.
Olam: The commodities group will invest US$150 million to set up animal feed mills, poultry breeding farms and a hatchery to produce day-old chicks in Nigeria, it said on Friday after market close.
Singapore Post: More top-level upheaval rocked the board of the postal and e-commerce group on Friday evening. Its nominations committee chairman Keith Tay Ah Kee stepped down from that role with effect from Friday, and will not stand for re-election as a director at its annual general meeting in July.
Sheng Siong: The supermarket operator Sheng Siong Group has exercised an option to purchase the first and second storeys of a four-storey Housing Board commercial property in New Upper Changi Road for about S$53 million, it said on Friday after market close.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
