Singapore stock watch: Sembcorp Marine, SIA, Ascendas Reit, Sarine, Pacific Star, Lifebrandz

SINGAPORE - The following companies saw new developments that may affect trading of their shares on Monday :

Singapore Airlines : SIA said in an updated Facebook post on Saturday that it will be suspending additional flights between Singapore and mainland China in February due to the growing scale of the Wuhan virus. SIA shares closed at $8.55 on Friday, up one cent, or 0.1 per cent. Sarine Technologies: Sarine Technologies, which makes precision technology products for diamond and gemstone production, and its subsidiary Galatea have filed additional lawsuits in India pertaining to intellectual property infringement. The counter closed at $0.325 on Friday, down 0.5 cent, or 1.5 per cent.

Lifebrandz: Lifebrandz is proposing to undertake a 50-to-1 share consolidation, followed by a rights issue that it will use to repay advances from two shareholders. Shares in Lifebrandz last traded at 0.7 cent on Friday, down 0.1 cent, or 12.5 per cent.

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