Stocks to watch out for: UOB, Tiong Seng, Pollux Properties, Incredible Holdings, Stocks



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Mon, October 12, 2020 – 8:28 am

UPDATED Mon, Oct 12, 2020 – 9:04 am

THE following companies saw new developments that may affect their securities trading on Monday:

UOB: The bank’s Sydney branch intends to issue A $ 500 million (Singapore $ 489.6 million) of floating rate senior unsecured notes due in October 2023, the UOB said Monday morning. UOB shares closed at S $ 19.45 on Friday, down S $ 0.08 or 0.4%.

Tiong Seng holdings: The motherboard-listed real estate developer and construction group announced Monday that Teo Ho Pin will join its board as an independent director. Shares of Tiong Seng fell S $ 0.01 or 6.7 percent to close at S $ 0.14 on Friday.

Pollux Properties: The real estate developer said on Friday that it had entered into a share transfer agreement with Elwyn Chan, Chia Yew Nguan and Stirling Fort Capital (SFCPL) to acquire the remaining 49.99% of the issued and paid-up share capital in SFCPL at full consideration. of S $ 300,000. Pollux Properties shares were last traded on October 5, unchanged at 2.1 Singapore cents.

Incredible stakes: The Catalist-listed clothing retailer said on Friday that it signed a share purchase and sale agreement with Chan Ka Leung for the sale of the entire capital stock in Luxury Watch Trading for a consideration of HK $ 1 (S $ 0, 17) for an expected net value. profit of S $ 22,000. Shares of Incredible Holdings closed up 0.1 Singapore cent, or 9.1 percent, at 1.2 cents on Friday.

Cheung Woh Technologies: The motherboard-listed firm, which makes hard drives and precision parts for metal stamping, posted a net profit of S $ 154,000 on Friday for the semester ending August 31, recovering from a loss of S $ 154,000. $ 476,000 a year ago. Its shares closed unchanged at 9.3 Singapore cents on Friday.

Healthway Medical Corp: The CEO and deputy CEO of the Catalist-listed medical provider, Abram Suhardiman, acquired 30.5 million shares of the company for S $ 976,000 on October 7. penny. The counter closed 0.1 cent from Singapore or 3.1 percent lower at 3.1 cents on Friday.

GS Holdings: The Catalist-listed company announced on Friday that its joint venture, known as Sing Global Brands, was incorporated on Thursday with an issued and paid-up share capital of S $ 20,000 consisting of 20,000 shares. GS Holdings shares last changed hands on September 14 at S $ 0.57.



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