Singapore stocks: STI resumes Friday afternoon at 3,226.14, up 0.44%

SINGAPORE shares resumed trading on Friday afternoon in positive territory, with the Straits Times Index gaining 0.44 per cent or 14.21 points on the day to 3,226.14 as at 1.01pm.

Singapore shares rise at Friday's open; STI up 0.86% to 3,239.44

SINGAPORE stocks opened stronger for the first time all week on Friday, with the Straits Times Index climbing 0.86 per cent or 27.51 points to 3,239.44 as at 9.02am after a broad rally overnight in the United States.

Stratech's current controlling shareholders to preserve 34% stake after private equity takeover

THE current husband-and-wife team that controls The Stratech Group will convert more of the company's debt owed to them into equity than previously announced, the company said in a filing on the Singapore Exchange (SGX) on Thursday evening...

Debt-laden Stratech agrees to private equity takeover

THE Stratech Group has agreed to place out an eventual 58.4 per cent stake in itself to a private equity investor for US$20 million and to convert about S$8.75 million of loans into shares, the surveillance technology company announced on Wednesday after the market closed.

Singapore stocks: STI resumes Thursday afternoon at 3,219.79, down 0.44%

SINGAPORE stocks resumed trading on Thursday afternoon on lower ground, with the Straits Times Index retreating 0.44 per cent or 14.33 points to 3,219.79 as at 1.02pm after a negative morning session.

Singapore shares decline at Thursday's open; STI down 0.77% to 3,209.36

SINGAPORE stocks opened lower for the sixth day in a row on Thursday, with the Straits Times Index moving down 0.77 per cent or 24.76 points to 3,209.36 as at 9.03am following overnight losses in the United States.

Stratech to place controlling 58.4% stake to private equity investor for US$20m

THE Stratech Group has agreed to place out an eventual 58.4 per cent stake in itself to a private equity investor for US$20 million and to convert about S$8.75 million of loans into shares, the surveillance technology company announced on Wednesday after the market closed.

Aspial to buy back up to S$10m of 5.5% notes due November 2018

ASPIAL Corp has launched a debt buyback programme to repurchase up to S$10 million of an outstanding S$74 million of 5.5 per cent notes due November 2018, the jewellery and property company announced on Thursday.

Singapore stocks: STI resumes Wednesday afternoon at 3,237.09, down 0.18%

SINGAPORE stocks resumed trading on Wednesday afternoon on weaker ground, with the Straits Times Index heading down 0.18 per cent or 5.78 points to 3,237.09 as at 1.00pm after another negative morning session.

Fortis shareholders approve stake sale to IHH Healthcare

SHAREHOLDERS of India's Fortis Healthcare have approved a subscription of shares by Malaysia's IHH Healthcare, fulfilling a key condition for the acquirer to eventually aim for a majority stake...

Hot stock: ThaiBev hits 2.5-year intraday low after disappointing Q3 results

SHARES of Thai Beverage Public Co hit a 2.5-year intraday low of 66 Singapore cents on Wednesday a day after the drinks maker reported a 61 per cent drop for its third-quarter profit.

Singapore shares decline at Wednesday's open; STI down 0.06% to 3,240.93

SINGAPORE stocks opened lower on Wednesday, with the Straits Times Index falling 0.06 per cent or 1.94 points to 3,240.93 as at 9am to extend its streak of underwater openings to five days.

Stocks to watch: ThaiBev, Noble, mm2 Asia, Ayondo

THE following companies saw new developments which may affect trading of their shares on Wednesday:

Spackman Q2 loss widens to US$1.5m on lower film production revenue

CATALIST-LISTED Spackman Entertainment Group's second-quarter net loss widened to US$1.5 million, or 0.22 US cent per share, as it recognised less revenue from film production, the South Korea-based film and TV company announced late Tuesday...

Golden Agri disappoints with US$39m Q2 loss

GOLDEN Agri-Resources missed analyst expectations with a second-quarter net loss of US$39.02 million that reversed a year-ago profit of US$21.88 million amid softer prices and foreign exchange losses.

CapitaLand to buy Guangzhou sites

CAPITALAND has won its bid to acquire two prime residential sites in Guangzhou, China, for 2.05 billion yuan (S$409.3 million), the property developer announced on Tuesday.

PropNex strikes master franchise deal in Vietnam

REAL estate agency PropNex has entered into a master franchise agreement with PropNex Realty (Vietnam) to grow its business in Vietnam.

Singapore stocks: STI resumes Tuesday afternoon at 3,242.36, down 0.09%

SINGAPORE stocks resumed trading on Tuesday afternoon just south of flat, with the Straits Times Index down 0.09 per cent or 2.98 points to 3,242.36 as at 1.00pm after failing to sustain an early bounce.

PropNex strikes master franchise deal in Vietnam, takes 25% stake in franchisee

REAL estate agency PropNex has entered into a master franchise agreement with PropNex Realty (Vietnam) Co to grow its business in Vietnam.

CapitaLand to buy 2 Guangzhou residential sites for 2.05b yuan

CAPITALAND has won its bid to acquire two prime residential sites in Guangzhou, China for 2.05 billion yuan (S$409.3 million), the property developer announced on Tuesday.

Singapore shares rise at Tuesday's open; STI up 0.03% to 3,246.19

SINGAPORE stocks opened higher on Tuesday, with the Straits Times Index increasing 0.03 per cent or 0.85 point to 3,246.19 as at 9.01am after earlier Asian markets also opened in positive territory.

Stocks to watch: Boustead Singapore, Olam, Wilmar, Golden Agri, Bumitama Agri

THE following companies saw new developments which may affect trading of their shares on Tuesday:

Bumitama Agri Q2 profit grows 36.1% to 388b rupiah on higher palm production

BUMITAMA Agri's second-quarter net profit rose 36.1 per cent to 388.06 billion Indonesian rupiah (S$36.6 million) on higher sales volume amid a recovery in palm production, the Indonesian palm oil producer announced on Tuesday before the market opened...

Golden Agri falls into Q2 loss of US$39m amid soft palm oil prices

GOLDEN Agri-Resources fell into a net loss of US$39.02 million for the second quarter from a year-ago profit of US$21.88 million amid softer prices and foreign exchange losses, the Indonesia-based palm oil producer announced on Tuesday before the market opened.

Kingsley Mansion en bloc at reserve price of S$45.5m

THE owners of Kingsley Mansion are launching a collective sale by tender for the 18-unit condominium in the Balestier area with a reserve price of S$45.5 million.