Market highlights

1 Singapore-listed China Taisan Technology Group Holdings said its Taiwan Depository Receipts will be delisted from the Taiwan Stock Exchange on Nov 29. Their last trading day will be on Nov 28.

2 Lion Asiapac warned shareholders yesterday that it expects to report a loss for the first quarter. This is mainly due to a decrease in turnover as a result of a decline in demand and adverse market conditions.

3 Hi-P International said it expects to report a higher profit in the third quarter instead of a lower profit as it had warned in August, due to tighter cost controls, better production efficiency and higher sales.

4 Holdings bought back 12,000 shares yesterday at 13 cents apiece, paying a total sum of $1,603.47. The company has bought back over six million shares since Jan 29.

5 Tee International bought back 50,000 shares at 21 cents each, for a total $10,547.30. The firm has bought back 373,000 shares since Sept 27.

A version of this article appeared in the print edition of The Straits Times on October 20, 2016, with the headline 'Market highlights'. Print Edition | Subscribe