Market highlights

  1. Developer Tiong Seng has bought back 63,500 of its shares at 23 cents apiece for a total outlay of $14,630.
  2. Consumer staples Dairy Farm and Bumitama Agri, as well as consumer discretionary stocks Genting Singapore and Parkson Retail Asia, were among the 10 most actively traded with the biggest volume increases last week.
  3. Sino Grandness has revised its rights issue basis to five rights shares for every 11 held. The maximum number of shares that can be issued is now 332.3 million.
  4. OEL, the former Oakwell Engineering, said Oceanfront Trading has filed an application with the High Court here to wind up OSEC Shipyard over the failure to pay US$562,464 (S$802,366).
  5. Dry bulk carrier owner Courage Marine's change from a primary to a secondary listing on the mainboard will be effective from tomorrow.
A version of this article appeared in the print edition of The Straits Times on December 14, 2016, with the headline 'Market highlights'. Print Edition | Subscribe