Market highlights

1 Hatten Land plans to issue 3.016 million new shares to employees to recognise their contribution to the acquisition of Sky Win Management Consultancy as well as to motivate staff.

2 Trek 2000 International intends to resume trading of its shares from 9am on Monday. Key shareholders, including chief executive Henn Tan, will observe a moratorium on trading of all their stock in the company.

3 Sysma Holdings has secured a $7.3 million contract with an established private owner to build a two-storey detached house with a swimming pool at Tanglin Hill.

4 JES International will not be proceeding with the proposed acquisition of 100 per cent of Maya Asia Resources.

5 Far East Group has signed a letter of extension with the vendor regarding its proposed acquisition of the property at 51, Ubi Avenue 3.

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A version of this article appeared in the print edition of The Straits Times on September 09, 2017, with the headline Market highlights. Subscribe