Stocks to watch: CapitaLand, UOL, ST Engineering, Heeton, YZJ Shipbuilding, NGSC

to a newly established trust to reward the China-based company's senior management. The shares account for 3.8 per cent of the Singapore mainboard-listed shipbuilder's total issued voting shares. Going by the closing price of S$1.61 on Friday, these shares are worth S$241.5 million.for the quarter ended February as it was hit by higher cost of sales and a S$3.1 million loss from its associates and joint ventures. These hit the firm's bottom line, which was S$8.

available for the trust and its investment in Taiwan Broadband Communications Group . Trustee-manager APTT Management has established a special committee consisting of four independent directors and chief executive officer Brian McKinley, and is currently in the process of selecting an independent financial adviser to assist with the review. Units of APTT last closed at 12.9 Singapore cents on Friday, up 0.1 cents.

NGSC: Mainboard-listed satellite service provider NGSC’s former chief executive, fired in March, is now the- along with the chairman’s and two other directors’. Shareholders have called a vote to oust not just non-executive, non-independent director Vicente S Ku, the former CEO, and the other named directors, but also anyone else who is named to the board between the April 10 requisition notice and the extraordinary general meeting. The counter closed flat at 0.1 Singapore cents on Friday.

NauticAWT: Catalist-listed NauticAWT's independent auditor Deloitte & Touche has, without modifying its opinion, , as its current liabilities exceeded its current assets by US$4.6 million even as the group recorded a loss of about US$5 million for the financial year ended Dec 31, 2018. Shares of the company closed flat at S$0.028 on Friday.to take over the reins from Chew Tuan Chiong, who is retiring. Frasers Centrepoint Asset Management , in a regulatory filing on Friday, announced the appointment of the 51-year-old Mr Ng as CEO-designate from Apr 15.

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