Market highlights

  1. Jason Holdings is placing out two billion new shares for $1 million at 0.05 cent apiece to a director, Mr Lim Chwee Kim.
  2. Chuan Hup bought back 659,600 of its shares at 26 cents apiece for a total sum of $171,845.
  3. YuuZoo Corporation has received a writ of summons and statement of claim for additional shares amounting to $270,879 in relation to an ongoing deal in Nigeria. YuuZoo is studying the claim.
  4. Sembcorp Industries has bought back shares amounting to 100,000 shares at $3.2349 apiece for a total outlay of $323,878.
  5. Cordlife has signed a marketing agreement with Vietnam-based IPS Trading and Service as part of its expansion strategy. Cordlife provides cord blood and cord tissue banking services.
A version of this article appeared in the print edition of The Straits Times on February 28, 2017, with the headline 'Market highlights'. Print Edition | Subscribe