Stocks to watch: SIA, Courts Asia, Shanghai Turbo, Sino Grandness, Vibrant Group, LifeBrandz

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Stocks to watch: SingaporeAir, Courts Asia, Shanghai Turbo, Sino Grandness, Vibrant Group, etc

Singapore Airlinesfor senior unsecured debt, it said in a regulatory filing on Thursday morning. DBS has been appointed as arranger of the programme, while DBS, OCBC and UOB were named as programme's dealers. SIA said the bonds may be issued to retail investors and in varied amounts and tenors. The airline's shares closed up four Singapore cents at S$9.72 on Wednesday.

In a regulatory filing by Courts on Wednesday, offeror Nojima Asia Pacific said it “does not intend to support any action or take any steps” to maintain the listing status of Courts Asia, with intentions to delist it after the offer closes. Shares of Courts Asia closed flat at S$0.20 apiece on Wednesday.: It posted a loss of 14 million yuan for its full year ended Dec 31, 2018, narrowing from a loss of 158 million yuan a year ago.

 

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