Stocks to watch: Nam Cheong, Keppel, Aztech
SHARES of the following companies may be affected by recent events or announcements:
Malaysian shipbuilder Nam Cheong said that its subsidiary Nam Cheong International has received a letter of demand from Petra Offshore, a unit of Perdana Petroleum, claiming the refund of a deposit of US$8.4 million under a contract.
Keppel Corporation's property arm Keppel Land and PT Metropolitan Land Tbk (Metland) will jointly develop landed homes in Greater Jakarta.
Independent financial adviser Stirling Coleman Capital on Thursday advised the independent directors of Aztech - the object of a delisting officer - to recommend that their shareholders vote in favour of the delisting resolution.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade