Stocks to watch: Singapore Airlines, Oxley, AEM, Ossia, Sabana Reit

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SINGAPORE (THE BUSINESS TIMES) The following companies saw new developments that may affect trading of their securities on Friday (Sept 11):. Read more at straitstimes.com.

SINGAPORE The following companies saw new developments that may affect trading of their securities on Friday :

Oxley Holdings: Some buyers of Oxley's mixed-use project in Cambodia are banding together to withhold completing payment for the retail units that have been handed over to them, because of what they see as patchy transparency on the property developer's part. Shares of mainboard-listed Oxley were unchanged at $0.22 as at 9.10am on Friday.

Ossia International: The retailer on Thursday clarified that it made a typo error on its first and final dividend for the year ended March 31, 2020, as it should have been 0.9 Singapore cent instead of 90 cents. After the original dividend announcement on Wednesday night, Ossia's share price had jumped 78.8 per cent to 17.7 cents on Thursday morning before Ossia called for a trading halt at 11.20am. It lifted the halt at 4.45pm after issuing the clarification. The watch-listed stock sank 31.

Sembcorp Industries: The conglomerate said on Friday morning that its wholly-owned subsidiary has signed a memorandum of understanding with US-listed GDS Holdings to develop and provide renewable energy solutions for the Sembcorp unit's data centres in China. Sembcorp shares, trading ex-entitlements, were flat at $1.19 as at 9.09am on Friday.

 

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