Market highlights

1 Osim International has told bond holders with 2019 zero coupon convertible bonds that a redemption notice will be given by Sept 5. Bond holders can choose to convert their shares at $3.525 apiece.

2 Oriental Group said that it has engaged RSM Corporate Advisory as special auditor to review possible irregularities in its Singapore operations. BC Neo Business Advisory has been appointed special adviser.

3 Fund manager Capital Group, which is based in the United States, has ceased to be a substantial shareholder of Super Group. The SGX-listed food and beverage maker is known for its instant coffee mixes.

4 Investment and funds platform IFast Corp has bought back 180,000 of its own shares. The company paid 98.194 cents apiece. The total amount paid was about $176,880.

5 Lifebrandz said it has terminated a sale and purchase agreement with Healthtrends Medical Investments to acquire shares in four target companies.

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A version of this article appeared in the print edition of The Straits Times on July 13, 2016, with the headline Market highlights. Subscribe