Market highlights

1 The interim judicial managers of Swiber said the total sum of claims received as of Thursday is approximately US$231.4 million (S$316 million).

2 Property developer OUE bought back 100,000 of its shares, for a consideration of $158,737.

3 Commodity giant Olam International bought back 500,000 shares at prices between $2.04 and $2.06 for a total sum of $1.03 million.

4 TSH Corporation is proposing a capital reduction involving a cash distribution of 10.72 cents per share and a special cash dividend of 1.6 cents per share. It recently sold off two units and a property.

5 Mainboard-listed Rotary Engineering has got contracts of about $64 million for the period June to September. It is taking up more varied jobs, other than tank storage construction.

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A version of this article appeared in the print edition of The Straits Times on September 17, 2016, with the headline Market highlights. Subscribe