Stocks to watch: Changjiang Fertiliser, Keppel Corp, CDL
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THE following listed companies made material announcements before the market opened on Monday:
Changjiang Fertiliser: The company said on Monday morning it had narrowed its second-quarter net loss to 5.64 million yuan (S$1.15 million) from 5.91 million yuan a year ago.
Keppel Corp: The Singapore-listed conglomerate on Sunday refuted allegations by Zwi Skornicki in his July 21 testimony in connection with the ongoing Lava Jato, or Operation Car Wash, investigations regarding the company's alleged involvement in the illegal payments made by Mr Skornicki.
City Developments Ltd (CDL): The developer has inked an agreement to sell its controlling stake of 52.52 per cent in Hong Kong-listed City e-Solutions to China Tian Yuan Manganese for HK$566.4 million (S$99 million).
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