Market highlights

  1. Courts Asia bought back 65,000 shares at 45 cents each for a total outlay of $29,302.
  2. Sabana Reit has agreed to acquire the property at 72 Eunos Avenue 7 from Singapore Handicrafts for $20 million.
  3. Metech International, which was raising $2 million in bonds through the crowdfunding platform FundedHere, said that the issue was successfully concluded with 100 per cent of the bonds subscribed for.
  4. Global Logistic Properties has concluded the sale of GLP Narita to a private equity fund for 8.2 billion yen (S$102 million).
  5. SGX-listed Serrano said further proceedings have been adjourned to Dec 15. These relate to bankruptcy action initiated by the Bank of East Asia against chief executive Chia Wing Keong.
A version of this article appeared in the print edition of The Straits Times on December 09, 2016, with the headline 'Market highlights'. Print Edition | Subscribe