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Stocks to watch: Singtel, Ezra
THE following stocks could see increased trading on Wednesday following material announcements before the beginning of trading.
Telco Singtel announced its US$810 million purchase of cyber security firm Trustwave Holdings.
Offshore play Ezra Holdings announced a 99 per cent fall in net profit to US$138,000 from US$19.6 million for its second quarter ended Feb 28, 2015. Revenue was stable but costs had gone up. Some US$4.6 million of net profit was due to non-controlling interests.