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Stocks to watch: UOB, Keppel, Sembcorp, CapitaLand Mall Trust, UG Healthcare

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THE following companies saw new developments that may affect trading of their securities on Wednesday: Read more at The Business Times.

UG Healthcare: The glove maker has started work on a new manufacturing facility in Malaysia that will boost its production capacity by 1.2 billion pieces of gloves per annum, it said after market close on Tuesday. Shares of Catalist-listed UG Healthcare rose S$0.10 or 4.1 per cent to end the day at S$2.55.

Sunningdale Tech: Fund manager Quarz Capital Asia is now deemed a substantial shareholder of mainboard-listed Sunningdale, with the purchase of 4,600 shares via a market transaction bumping its shareholding up to 5.001 per cent. Sunningdale shares lost S$0.01 or 0.8 per cent to close at S$1.23 on Tuesday, before the bourse filing.

Wing Tai Holdings: The mainboard-listed property and lifestyle company on Tuesday evening proposed to repurchase up to S$85 million worth of several series of notes, at prices ranging from 102.55 to 106 per cent of the principal amounts. The stock closed at S$1.79, up S$0.04 or 2.3 per cent. SK Jewellery Group: The offeror for the Catalist-listed jeweller's shares has received irrevocable undertakings, to accept its voluntary conditional cash offer, from shareholders representing more than 90 per cent of the company's shares. SK Jewellery gained 0.1 Singapore cent or 0.7 per cent to end at 14.9 cents, before the announcement.For daily updates on weekdays and specially selected content for the weekend.

 

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