Corporate digest

CEFC International

FUEL trader CEFC International said it has received an in-principle approval from the Singapore Exchange (SGX) for its placement of 705.5 million shares to raise S$246.9 million. "The approval-in-principle of the SGX is not to be taken as an indication of the merits of the subscription, the subscription shares, the company and its subsidiaries," CEFC said.

Sapphire Corp