Stocks to watch: Yangzijiang Shipbuilding, Challenger, Beng Kuang Marine

THE following companies saw new developments that may affect trading of their securities on Monday (Jun 26):

Yangzijiang Shipbuilding : The mainboard-listed vessel producer on Sunday said it obtained a contract from repeat customer Klaveness Combination Carriers to build three 83,300 dwt vessels for delivery in 2026. No contract value was disclosed. Yangzijiang’s shares fell S$0.04 or 3 per cent to close at S$1.28 on Friday.

Challenger Technologies : The offeror looking to take the mainboard-listed consumer electronics retailer private has bagged more than 90 per cent of Challenger’s total shares, leading to a loss of free float and a potential suspension in the trading of its shares. The counter closed unchanged at S$0.60 on Friday, before the announcement.