Market highlights

1 SGX-listed Debao Property Development's CEO and executive chairman Yuan Le Sheng has been asked by officials in Foshan City, Guangdong, to help with a probe into a Chinese official.

2 Cosco Corporation (Singapore) warned shareholders that it will notch up a higher net loss for the third quarter ended Sept 30 than the same period a year ago, partly due to cancellations of several orders.

3 SGX-listed Huationg Global has secured three new civil engineering contracts from the Housing Board worth about $26.6 million.

4 SGX-listed construction company Civmec has secured contracts for major projects in Australia worth about A$30 million (S$32 million).

5 A China Environment unit has been locked out of its offices by another subsidiary, Fujian Mintai Environmental Protection, which is controlled by the group's major investor, Mr Huang Min, and his spouse.

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A version of this article appeared in the print edition of The Straits Times on October 26, 2016, with the headline Market highlights. Subscribe