Stocks to watch: Thomson Medical, Sasseur Reit, ValueMax, 17Live, Cordlife, 3Cnergy
Mia Pei
THE following companies saw new developments that may affect trading of their securities on Friday (Dec 8):
Thomson Medical Group : The medical service provider has obtained an extension of one month to Jan 10, 2024 from the Singapore Exchange to restore the public float without a trading suspension. The market regulator earlier granted the company three months to Dec 10 for the public float to be restored. Thomson Medical shares closed flat at S$0.056 on Thursday, before the news.
Sasseur Real Estate Investment Trust (Sasseur Reit): The manager announced on Thursday that a wholly owned subsidiary of the Reit has extended an unsecured interest-bearing loan of 308 million yuan (S$58.1 million) from its sponsor, Sasseur Cayman Holding, by a year. The loan, initially agreed upon in February 2023 to be repaid by March 2024, will now be due by March 2025. The counter closed flat at S$0.695, prior to the announcement.
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