Stocks to watch: UMS Holdings, ISR Capital, United Food

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

UMS Holdings:. As a result, the mainboard-listed precision engineering firm now holds 47.4 per cent of JEP shares and 43.4 per cent of JEP warrants, it said on Monday night. Settlement of the consideration for the warrants offer is expected to be made by June 28. The independent financial adviser for JEP had said on June 10 that the financial terms of the offers wereISR Capital:

The watch-listed company has started negotiations with a Chinese state-controlled firm regarding potential developments for ISR’s 75 per cent-owned rare-earth mining concession located in Madagascar, east Africa. ISR said on Monday evening that it had inked a with the China Nonferrous Metal Industry’s Foreign Engineering and Construction Co for the project. Shares of ISR Capital ended trading on Monday down 0.1 Singapore cent to 0.3 cents.on its financial statement for the 15 months ended March 31, the watch-listed firm said on Monday evening. United Food recorded a loss of 17.1 million yuan on discontinued operations for the five months before it disposed of four subsidiaries, and also recorded a 27.2 million yuan gain on the disposal.

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