SGX places nine companies on watchlist
Published on Mar 5, 2014 3:38 PM
The Singapore Exchange (SGX) has added a bumper crop of nine loss-making companies to its watchlist with effect from Wednesday.
The companies are: ASJ Holdings, Cacola Furniture International, Dapai International Holdings Co, Eucon Holding, Europtronic Group, Huan Hsin Holdings, Nippecraft, Ouhua Energy Holdings and W Corporation.
Five of the companies make or distribute electronics products. ASJ Holdings makes resistors, Eucon Holding makes printed circuit boards, Europtronic Group makes electronics components, Huan Hsin Holdings is a contract manufacturer of telecom and electronic products, and W Corporation distributes LED products.
Three companies are in the consumer business: Cacola Furniture International, backpack maker Dapai International Holdings and paper products maker Nippecraft.
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