1 Bank loans growth in Singapore fell for the fifth straight month by 1.2 per cent in February, compared with a year ago. The negative stretch is the longest since 1999 which saw six consecutive months of business loan falls, OCBC Research said.
2 Of 167 consumer stocks on the SGX with a combined market capitalisation of $148.9 billion, the 54 active stocks with a market capitalisation of over $200 million each have notched up an average total return of 8.8 per cent over March.
3 Jason Holdings, whose unit Jason Parquet Specialist is in a legal dispute with a sub-contractor, Far East Engineering & Construction, said that certain assets have been seized as part of the orders of court. But business continues as usual.
4 Offshore marine services provider PACC Offshore Services (Posh) has clinched a one-year contract for its Posh Xanadu semi-submersible accommodation vessel.
5 Catalist-listed property development and investment company, Cedar Strategic, has secured approval from the SGX to resume the trading of its shares. A trading suspension had been in effect since April 14.