Stocks to watch: Sembmarine, Singtel, ComfortDelGro, Venture Corp, BBR Holdings

THE following companies saw new developments that may affect trading of their securities on Tuesday (Mar 29):

Sembcorp Marine (Sembmarine): On Tuesday morning the group gave notice that it recorded 3 consecutive years of pre-tax losses, based on its audited full-year consolidated accounts. However, the group still meets the financial entry criteria to avoid being placed on the Singapore Exchange's watch list with a 6-month average daily market capitalisation of S$2.6 billion as at Mar 28. Sembmarine had ended Monday at a 7-month high of S$0.103, up 9.6 per cent or S$0.009.

Singapore Telecommunications (Singtel): Its technology services arm NCS has acquired Melbourne-based digital services company ARQ Group for A$290 million (S$296.8 million). The transaction will bring NCS's headcount in Australia to 1,900, announced the group on Monday. Singtel shares closed flat at S$2.65, after the announcement was made.