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Stocks to watch: SIA, Ley Choon, KrisEnergy, Noble
THE following stocks had announcements or developments that could affect trading activity on Friday.
Singapore Airlines: It is in talks to develop a new plane that can fly non-stop to the US, said chief executive officer Goh Choon Phong.
Ley Choon Group Holdings: It has secured a S$24.8 million contract from Changi Airport Group (Singapore) to resurface Changi Airport's taxiways.
KrisEnergy: The upstream oil and gas firm has begun oil production from the Nong Yao field in the Gulf of Thailand, a core area of growth for the company.
Noble Group: The commoditities firm intensified its share buyback on Wednesday, purchasing some 39.74 million shares at an average of 71.38 Singapore cents apiece for a total consideration of S$28.43 million.