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Stocks to watch: Accordia Golf Trust, Emas Offshore, Ezra, Delfi, GuocoLand
ACCORDIA Golf Trust: The Singapore-listed business trust said on Wednesday an offer for all the shares of its Tokyo-listed sponsor, Accordia Golf Co, is not expected to materially affect the trust's business, as the "Accordia Golf" brand remains popular and widely recognised in Japan.
Emas Offshore, Ezra Holdings: Offshore marine construction contractor Emas Offshore said on Wednesday that it, together with its parent Ezra Holdings, has agreed with buyer PetroFirst Infrastructure 2 to extend the long stop date for the purchase of PV Keez to Dec 31, 2016, from Nov 30, 2016.
Delfi: The Court of Appeal has upheld the High Court's ruling in favour of the mainboard-listed chocolate confectionery company in a trademark infringement legal battle.
In an announcement on Tuesday, Delfi said Singapore's highest court had dismissed the appeal by Nestle SA to allow its trademark registration for the two and four-finger shapes of its Kit Kat bars to remain on the trademarks register.
GuocoLand: A Chinese unit of the Singapore developer has secured the tender for four land parcels in Chongqing at 3.64 billion yuan (S$751 million). It will be developing a mixed development comprising retail, business and residential components under a project company to be set up as a wholly owned subsidiary.