Market highlights

1 Sakae Holdings is buying 40 per cent of Novitee for $350,000. Novitee develops customised information technology and software solutions as well as mobile applications.

2 Geo Energy has acquired 100 per cent of PT Surya Tambang Tolindo, a semi-coking coal mining concession in East Kalimantan. The mine has not started production.

3 SGX-listed CDW bought back 160,000 of its shares at 22.84 cents each for a total sum of $36,668.

4 Cedar Strategic said its book closure date is 5pm on Dec 2. With effect from Dec 5, every 25 shares will be consolidated into one share.

5 Property player Roxy-Pacific bought back 70,000 of its shares at 42 cents each for a total sum of $29,491.

A version of this article appeared in the print edition of The Straits Times on November 25, 2016, with the headline 'Market highlights'. Print Edition | Subscribe