Stocks to watch: Viking Offshore, QT Vascular, China Everbright, Straco, Ellipsiz

THE following companies saw new developments that may affect trading of their securities on Friday (Nov 19):

Viking Offshore and Marine: 1Y1 A mandatory unconditional offer has been made for the offshore and marine services company at S$0.01 a share, following a change of control at that price. Shares of the counter had closed up 18.4 per cent or S$0.014 at S$0.09 prior to the announcement.

QT Vascular: 5I0 Requisitioning shareholder Mission Well has withdrawn its notices to hold 2 extraordinary general meetings (EGMs) on Dec 2 and Dec 15 without explanation nor reason, announced the medtech company late Thursday (Nov 18). Separately in a Nov 19 clarification statement QT Vascular refuted Mission Well's claim that it was a "long-term shareholder" of the company, among others. Shares of QT Vascular last traded flat at S$0.01 before it called for a trading halt at 1.11 pm on Nov 16. The company resumes trading of its shares on Nov 19.

Everbright Water: U9E The environmental protection company announced on Friday (Nov 19) morning that it has secured a partnership project to build wastewater treatment plants in Hebei province. The company holds a 95 per cent equity interest in the project company and will be investing 208 million yuan (S$44.2 million) in the project. Shares of the counter closed at S$0.295 on Thursday (Nov 18), down 3.3 per cent or S$0.01.

Straco Corp: S85 The tourism attractions operator posted a net profit of S$4.4 million in the third quarter ended Sep 30, the mainboard-listed company said in a business update on Thursday (Nov 18). The group attributed Q3's net profit to foreign exchange gain. Shares closed flat at S$0.48 on Thursday, before the announcement.

Ellipsiz: BIX The engineering solutions company on Thursday (Nov 18) announced it is planning a foray into the agri-food industry. In a bourse filing, Ellipsiz says it has entered into a conditional sale and purchase agreement to buy a 20 per cent stake in ISE Capital Management for S$2 million. Shares of Ellipsiz closed 1.5 per cent or S$0.005 lower at S$0.335 on Thursday, before the announcement.

OUE Lippo Healthcare: 5WA The Catalist-listed company on Thursday (Nov 18) said that Myanmar's Yoma Siloam Hospital Pun Hlaing (PHH) has become the first private hospital group to procure Sinopharm's Covid-19 vaccine. The hospital group, a joint venture between OUELH and First Myanmar Investment, received its first shipment of the vaccine that day. Shares of the thinly-traded stock closed flat at S$0.034 on Thursday.

Trading halts:

Addvalue Technologies A31 has requested for a trading halt on Friday (Nov 19) morning, pending the release of an announcement. Shares last closed flat on Thursday (Nov 18) at S$0.013.

AGV Group 1A4 has also called for a trading halt on Friday (Nov 19) morning, pending the release of an announcement. Shares last closed on Thursday (Nov 18) at S$0.01, up S$0.001 or 11.1 per cent.