Stocks to watch: Singapore O&G, Healthway, Nam Cheong
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THE following stocks may be in focus on Monday:
Singapore O&G, which offers obstetrics and gynaecology services, on Monday proposed a 2-for-1 share split to increase market liquidity, and broaden the base of shareholders.
Healthway Medical Corporation, which runs Singapore's largest chain of clinics, on Monday said it has received the initial net proceeds from the first tranche of its convertible notes issue to Singapore-based private equity firm Gateway Partners, valued at S$10 million.
Nam Cheong is "confident" that it can restructure its existing obligations to remain a going concern, the builder of offshore support vessels said on Friday in response to queries from the Singapore Exchange.
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