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Stocks to watch: Ascott, S i2i, mm2 Asia
THE following stocks may be in focus on Tuesday:
The Ascott Limited: CapitaLand's wholly owned serviced residence business unit has set its sights to expand in South America with franchise agreements for its first two serviced residences in Sao Paulo, Brazil.
S i2i: The company has announced that its wholly owned subsidiary Affinity Capital has entered into an asset transfer agreement with SB ISAT Fund, a limited liability partnership incorporated in the Cayman Islands, for the proposed acquisition of an e-commerce platform.
mm2 Asia: The film and TV production company has announced the launch of the initial public offering of shares for UnUsUaL on Singapore Exchange's Catalist board at a placement price of S$0.20 per share.