THE following companies saw new developments that may affect trading of their shares on Friday:

CATALIST-LISTED Vallianz Holdings incurred a net loss of US$128.2 million for the fiscal year ended March 31, 2019, compared to a profit of US$16.7 million a year ago.

CATALIST-LISTED Vallianz Holdings and mainboard-listed USP Group have each warned that they expect net losses for the fiscal year ended March 31, 2019.