Stocks to watch: SGX, Pacific Radiance, Roxy-Pacific, Ipco International
THE following stocks may be in focus on Monday:
Singapore Exchange (SGX): The SGX said on Friday it is allowing companies with controversial dual-class share structures to have their first, primary listing here. The SGX is also getting ready to raise funds for potential acquisitions.
Pacific Radiance: The offshore and marine group said on Friday it is asking holders of its S$100 million medium-term notes to swap their notes for fresh equity, in a bid to restructure its debt.
Roxy-pacific Holdings: Roxy-pacific and the group managing director of Tong Eng Group, Teo Tong Lim, have joined hands to acquire a residential leasehold site in the Upper Bukit Timah area for S$102.75 million, it said on Friday.
Ipco International: A shake-up has been set in motion at Ipco International, with long-time executive director Carlson Smith ousted during an extraordinary general meeting on Jan 19 requisitioned by Ipco's new investor James Blythman.
KEYWORDS IN THIS ARTICLE
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
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover