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Stocks to watch: M1, Moya, Yangzijiang, Chip Eng Seng, Ramba Energy, No Signboard, FCT

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

. It clarified that its increase in other receivables was mainly due to increase in receivables from its joint venture partner of S$3.3 million, increase in sundry receivables of S$1.3 million and increase in deposits of S$4.4 million. It also said that the decrease in other payables was mainly due to lower cash calls advanced from a joint venture partner. Its shares closed down 0.1 Singapore cent at S$0.09 on Wednesday.

after the adoption of actual group accounting principles for its first quarter 2018 results. In February, the group reported a net loss for the fiscal first quarter ended Dec 31, 2017, significantly worse than the S$1.4 million net profit it had initially reported under the old accounting rules. No Signboard shares closed down 0.4 Singapore cent at S$0.096 on Wednesday.. This comes after FCT announced that it had entered into 12 conditional sale-and-purchase agreements to acquire a 17.

from the Singapore Exchange . It has been on the watch list since March 3 2016, following the notice of three consecutive years of losses. MMP Resources was granted an extension of up to 12 months to March 1, 2020 to meet listing rules. Its shares last closed flat at S$0.004 on Wednesday.

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