Stocks to watch: MIT, Venture Corp, Sembcorp, Yoma, ISOTeam, MTQ, AA Group

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

during its first quarter ended June 30, deepening from a net loss of US$5.6 million a year ago, the group said in a filing on Wednesday morning. Group revenue shrank 11.5 per cent for the quarter, amid lower real estate development revenues and higher finance expenses. Shares of Yoma Strategic closed flat at S$0.385 on Tuesday.The Catalist-listed group will buy Coney International Ltd's entire stake in Pure Group, a group of six companies, for S$24 million.

Team shares . Team shares closed flat at S$0.255 on Tuesday., from a net loss of S$3.5 million a year ago. Contributions for the quarter came mainly from its oil engineering segment, it said in a regulatory filing before the market opened. Earnings per share stood at 0.35 cent for the three months ended June 30, from a loss per share of 1.71 cents a year ago. No dividend has been declared for the quarter, unchanged from a year ago. MTQ shares closed at S$0.21 Singapore on Tuesday, down 0.5 cent or 2.

 

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