Market highlights

1 BHG Retail Reit has declined an offer from Beijing Hualian Department Store to acquire stakes in Tongchengjie Mall and Libao Mall as the centres have not achieved a suitable level of performance and earnings.

2 The final offer price for Pteris Global shareholders will be 85 cents per share, the company announced yesterday. The SGX has said it is amenable to this offer price as a reasonable exit alternative.

3 Plastic bottler Full Apex said it expects to report a loss for the second quarter ended June 30 as it continues to be affected by the general moderation in economic growth in China.

4 China Jinjiang Environment said it will announce the results of its first half ended June 30 on or before Sept 13.

5 Property player Hiap Hoe said the expected loss for the second quarter ended June 30 is primarily due to lower earnings from the group's recurring business segments.

A version of this article appeared in the print edition of The Straits Times on August 04, 2016, with the headline 'Market highlights'. Subscribe