of every one existing share into three shares, on a record date to be determined by the board later. UG Healthcare shares rose S$0.05 or 2.24 per cent to S$2.28 on Monday before the announcement.The Catalist-listed firm is proposing to issue new shares to its landlord as payment for an upcoming rental of S$3.5 million, in a bid to preserve cash during the pandemic. Shares of Hatten Land closed down 0.7 Singapore cent or 11.5 per cent to 5.
4 cents on Monday.The company on Tuesday said it has again received a notice of requisition from shareholders, this time including Indian businessman Shantanu Prakash, alongside tycoon Oei Hong Leong, who has unsuccessfully called for extraordinary general meetings several times. Shares of Raffles Education advanced 0.1 Singapore cent or 0.9 per cent to finish Monday at 11 cents.For daily updates on weekdays and specially selected content for the weekend.
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Stocks to watch: Keppel, Sabana Reit, ESR-Reit, OCBC, DBS, Wing Tai, CDLHTTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
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Japan stocks a buy for some funds betting on policy continuity[TOKYO] Market watchers seem to be voicing a near consensus that Prime Minister Shinzo Abe's resignation won't immediately mean swerves in Japan's economic agenda. Read more at The Business Times.
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Europe: Stocks open firmer[PARIS] European stock markets opened firmer Monday, supported by continued gains on US and Asian bourses. Read more at The Business Times.
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Seoul: Stocks close over 1% lower on record selling by foreigners[SEOUL] South Korean shares closed more than 1 per cent lower on Monday, erasing previous session's gains, on a huge foreign sell-off due to economic concerns in the backdrop of downbeat July factory data and tougher coronavirus-led social distancing measures. Read more at The Business Times.
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Hong Kong: Stocks fall as financial, consumer firms retreat[HONG KONG] Hong Kong stocks reversed earlier gains to end lower on Monday, weighed down by financial and consumer staples firms. Read more at The Business Times.
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Stocks of TikTok US suitors hit by fears of China blockShares of TikTok U.S. suitors Microsoft Corp, Oracle Corp and Walmart Inc fell on Monday after China's move to restrict some technology exports ...
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