Stocks to watch: Moya Holdings Asia, GLP, HC Surgical
THESE stocks had announcements that may influence trading on Thursday:
Moya Holdings Asia: The water treatment group is considering a potential acquisition of a company "in a similar business", it said in a Singapore Exchange filing on Wednesday morning during a trading halt that started Wednesday mid-afternoon. It has lifted the halt as at Thursday morning before the opening of the market.
Global Logistic Properties: The company has acquired 448,000 square feet of distribution facilities for US$33 million in two transactions in Chicago, the warehouse owner said after the market closed on Wednesday.
HC Surgical Specialists: THE Catalist-listed medical services group has proposed to acquire 51 per cent of Julian Ong Endoscopy and Surgery, a Singapore-based endoscopy clinic, for S$2.175 million. The clinic had yet to begin operations as at Wednesday.
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Capital Markets & Currencies
US dollar gains ground; subdued yen prompts Japan warning
Banks slip on Wednesday as STI falls 1.1%
Asia: Markets mixed as traders weigh rates outlook
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
Singapore shares dip at Wednesday’s open; STI down 0.4%
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit