Stocks to watch: Kingboard Copper Foil, SLB Development, SMJ International, Nam Cheong, Oceanus

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Property field_blurb Read more at The Business Times.

Kingboard Copper Foil Holdingsfor shares in Kingboard Copper Foil Holdings at S$0.60 each in cash. This follows its earlier attempt two years ago which failed after independent financial advisers and company independent directors advised shareholders to reject the offer at S$0.40 a share because they deemed it"not fair and not reasonable". Kingboard shares closed at a nine-year high of S$0.55 before its trading halt on Monday.

SLB, in a regulatory filing on Thursday, announced that unfavourable property market conditions Down Under and in the city-state have resulted in its parent company Lian Beng not being able to divest competing business by April this year. The deadline was a year from SLB's Catalist debut in April 2018. Its shares last traded on Wednesday up S$0.005 at S$0.145.

 

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