Stocks to watch: Banyan Tree, Singapore Exchange, Foreland Fabrictech
Add BT as a preferred source
THE following stocks may be in focus on Thursday:
Banyan Tree Holdings: The resort operator said on Thursday AccorHotels has invested S$24 million for a 5 per cent stake in the company. AccorHotels, whose portfolio of properties includes Singapore's Raffles Hotel, has an option to invest another 5 per cent at a later date.
Singapore Exchange: The bourse operator's junior Catalist board has lined up at least four technology company listings for the first half of next year, and the local bourse as a whole has a shot at eventually becoming a global destination for tech floats in the same league as the United States' Nasdaq board.
Foreland Fabrictech Holdings: The Chinese textile maker has followed up on a recent public reprimand from Singapore Exchange with its own action: It has lodged a complaint with Singapore's white-collar crime police against its former executive chairman.
Share with us your feedback on BT's products and services
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
