Market highlights

1. ST Engineering's units SDG Kinetics and Autonomous Technology, which are under its land systems arm ST Kinetics, have raised their stake in LeeBoy Brazil to 40 million Brazilian real (S$16 million).

2. QT Vascular said bond holder Tanhum Feld has exercised his rights to convert 80 bonds with a value of US$400,000 (S$547,000) into shares. Some 4.3 million new shares have been issued.

3. Olam has issued US$150 million (S$205 million) senior unsecured notes at a fixed rate of 4.5 per cent due in 2021. The new notes will be consolidated and will form a single series with Olam's US$300 million notes issued on April 12.

4. Wilmar International's wholly-owned unit Yihai Kerry Investments and Singapore Food Industries have incorporated Sats Yihai Kerry Kunshan Food in China.

5. Avi-Tech Electronics has received in-principle approval from the Singapore Exchange for its removal from the watch list from today.

A version of this article appeared in the print edition of The Straits Times on September 16, 2016, with the headline 'Market highlights'. Print Edition | Subscribe