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Stocks to watch: AusGroup, Pan-United, Wilmar
THE following stocks could see trading activity following announcements before the start of the market day on Wednesday:
Oil and gas subcontractor AusGroup has halted trading pending a meeting with noteholders on Wednesday.
Port and concrete maker Pan-United Corporation's founding family and controlling shareholders have proposed to buy its loss-making tug and barge business for S$29.92 million.
Palm oil processor Wilmar International has tied up with Brazil's Raizen Energia to form one of the world's largest exporters of Brazilian sugar with a total volume of 4.5 million tonnes a year.