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Stocks to watch: SBI Offshore, Swiber, Roxy-Pacific
THE following stocks may be in focus on Thursday:
SBI Offshore: The company said on Thursday it has appointed four independent directors who will lead investigations into the company, a day before an expected boardroom showdown on Friday.
Swiber Holdings: Singapore Exchange has confirmed investigations into developments at Swiber, saying that the probe is ongoing. It said this on Wednesday in response to BT's query on the outcome of its probe into possible disclosure breaches.
Roxy-Pacific Holdings: The developer has agreed to acquire a freehold residential site at Jalan Eunos for S$10.978 million, it announced on Wednesday after the market closed.