Stocks to watch: Singtel, LionGold, New Silkroutes, Raffles Infrastructure, Kim Heng Offshore & Marine

Kim Heng Offshore & Marine Holdings, an integrated offshore and marine value-chain services provider, has. It did not reveal who the customer was, only saying that it was"well-established". Completion of the fabrication jobs is scheduled to take place over six months commencing from the first quarter of the financial year ended Dec 31, 2019. The counter last closed at S$0.063 apiece on March 22, up one Singapore cent.

This follows the manager's announcement on March 23 that the divestment of the property was called off after the buyer, Kim Soon Lee Heavy Transport, did not obtain approvals from JTC, a condition for the sale. The counter last closed flat at S$0.42 apiece on March 25., after shareholders in January blocked the integrated property developer from issuing 39 million new shares to him as part of a settlement agreement.

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