Market highlights

1. Hong Leong Asia's China Yuchai International said its engines have, for the first time, entered the Cambodian bus market through a batch order.

2. Azeus Systems has secured a conditional acceptance of tender from the Hong Kong government for an IT services and maintenance contract worth up to HK$79.1 million (S$14 million). It is expected to be finalised this month.

3. LifeBrandz said two subscribers will take up 10.42 million shares at 4.8 cents each. The shares represent 5.37 per cent of the total share capital after the placement.

4.Triyards Holdings has issued a profit warning for the third quarter to May 31, citing the energy sector decline and the downturn of the marine and offshore market, The Business Times reported.

5. Construction firm Tiong Seng bought back 192,400 of its shares at between 29.5 cents and 30 cents each for a total outlay of $57,549.

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A version of this article appeared in the print edition of The Straits Times on July 08, 2017, with the headline Market highlights. Subscribe