Stocks to watch: Sino Grandness, Trek 2000
THE following companies made announcements after market close on Wednesday that could affect their shares trading on Thursday:
Sino Grandness Food Industry Group has entered into an agreement with Wechat Food to distribute the company's full range of own-branded products through a mobile Internet platform developed by Wechat Food. The products will include house brands such as Garden Fresh beverage products, Grandness canned food and Hao Tian Yuan snack food.
Technology provider Trek 2000 International has appointed a new chief financial officer. Tan Kuok Keong, 40, assumes the new role at Trek 2000 from Jan 5. He was previously group financial controller at Renewable Energy Asia Group Limited.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%
Oil jumps, equities fall as Iran blasts fan Middle East tensions
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%