Stocks to watch: Halcyon Agri, TTJ Holdings, Datapulse Technology, Procurri
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Tan Nai Lun
THE following companies saw new developments that may affect trading of their securities on Monday (May 23):
Halcyon Agri : Revenue of the natural rubber supplier climbed 18.9 per cent to US$617.3 million in Q1 on the back of higher sales volume and higher average selling prices, it said on Friday. Its earnings before interest, taxes, depreciation and amortisation (Ebita) rose to US$15.1 million in Q1, up around 5.6 per cent from the year ago period. Shares of Halcyon Agri closed flat at S$0.23 on Friday before the announcement.
TTJ Holdings : The executive chairman of mainboard-listed TTJ Holdings is looking to take the structural steel specialist private at an offer price of S$0.23 in cash per share. The offeror intends to privatise the company and does not intend to preserve its listing status, it said on Friday. Shares in TTJ last closed flat at S$0.169 on Friday morning, before a trading halt was called pending the announcement. The counter will resume trading on Monday.
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