Stocks to watch: Annica Holdings, Cosco Shipping, InnoTek
[SINGAPORE] The following companies saw developments that may affect the trading of their securities on Monday (Jun 15):
Annica Holdings : The group on Friday said it secured a commercial project to deploy integrated solar and hydrogen energy systems in Sarawak, Malaysia. It is also in talks to expand an existing framework agreement, to accelerate the development of renewable energy opportunities in Malaysia. The expansion builds on an existing agreement signed in September 2025 to strengthen feedstock security and support product quality enhancement initiatives. Shares of Annica Holdings ended flat at S$0.03 on Friday before the news.
Cosco Shipping : The group said on Monday that construction of Jurong Island Logistics Hub (JILH) Phase II has continued through June this year, with structural works progressing to the sixth and seventh floors of the building. “Other building works, including superflat floor construction, installation of fire-fighting equipment and facilities, and plumbing works, have also progressed smoothly,” a statement noted. Demolition works for the JILH Phase I structure to facilitate the connection with Phase II, meanwhile, have progressed to the seventh floor, with minimal disruption to JILH Phase I operations, said the company. The counter ended 1.8 per cent or S$0.002 higher at S$0.115 on Friday.
InnoTek : The precision metal components manufacturer on Monday said it has incorporated a new wholly owned subsidiary – Mansfield Technology – in Thailand to support its first liquid cooling components project and accelerate its expansion into the AI infrastructure sector. The subsidiary was incorporated in May 2026, with total paid-up capital of 100 million baht (S$3.9 million). The new facility will commence operations from August this year. Shares of InnoTek ended S$0.02 or 3.1 per cent down at S$0.635 on Friday.