THE following companies saw new developments that may affect trading of their shares on Monday:
Oceanus Group: The seafood supplier on Friday refuted rumours about a purported move to the Catalist board, an investigation into the group's financials, and its management being in a "pump-and-dump" scheme of the group's shares, calling them "untrue and misleading information". Oceanus shares closed 0.7 Singapore cent or 24.1 per cent higher at 3.6 cents on Friday, before it issued its clarification.
Aspial Corp, World Class Global: The jewellery group on Friday announced plans to privatise its subsidiary World Class Global through a scheme of arrangement, to simplify the group's structure. Aspial shares closed 0.1 Singapore cent or 0.7 per cent higher at 14.1 cents while World Class Global shares closed 0.7 cent or 7.1 per cent lower at 9.2 cents on Friday, before the announcement.
AMTD International: The investment banking firm, which is dual-listed in New York and Singapore, has established a joint venture with Nasdaq-listed 36Kr and Airstar Digital, a fintech subsidiary of Xiaomi, to provide professional services to "new economy companies and entrepreneurs". Shares of the company on the Singapore Exchange closed unchanged at S$14 on Friday, before the announcement was made.
EC World Reit: The real estate investment trust's (Reit) manager is waiving late rental payment penalties incurred by its master lessees, to the tune of S$11 million, which represents about 1.61 per cent of the Reit's net tangible assets as at Dec 31, 2020. EC World Reit units closed S$0.01 or 1.4 per cent lower at S$0.71 on Friday, before the announcement.
FJ Benjamin: Shares of the fashion retailer rallied to a three-year high on Friday after announcing that it had clinched exclusive rights to distribute Airfree purifiers in Indonesia. Its shares closed S$0.01 or 25 per cent higher at S$0.05 on Friday, after the announcement.
Procurri Corporation: A unit of Procurri's largest shareholder Novo Tellus on Monday launched a partial offer to acquire an additional 27.91 per cent of Procurri's shares at 36.5 Singapore cents per share. If the offer is successful, the Novo Tellus unit will hold an aggregate 51 per cent stake in Procurri - which will remain publicly listed. Mainboard-listed Procurri called for a trading halt on March 11. Its counter last traded at 29.5 Singapore cents on the same day.
Trading halts: Construction engineering firm Koh Brothers Group and its Catalist-listed subsidiary Koh Brothers Eco Engineering on Monday called for trading halts pending the release of announcements. Koh Brothers Group shares closed flat at 15.6 Singapore cents while Koh Brothers Eco Engineering shares were unchanged at 3.6 cents on Friday.