SINGAPORE - The following companies saw new developments that may affect trading of their securities on Thursday :
Sunningdale Tech: The mainboard-listed precision manufacturer has been approached in relation to a possible transaction involving its shares, Sunningdale said on Wednesday after market close. The stock gained $0.02 or 1.6 per cent to end at $1.25. AGV Group: The Catalist-listed hot-dip galvanising firm on Thursday said that its nominating committee has recommended that executive director Albert Ang step down, amid an investigation by the Commercial Affairs Department. AGV shares closed at 2.5 cents on Wednesday, down 0.2 cent or 7.4 per cent.
Frasers Centrepoint Trust : S&P Global Ratings has affirmed its BBB long-term issuer credit rating on FCT. The agency expects the trust's portfolio quality to"improve significantly" after its proposed acquisition of the remainder of AsiaRetail Fund. FCT units fell $0.04 or 1.5 per cent to close at $2.67, before the filing was made.
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