Market highlights

1 Cacola Furniture International and Compact Metal Industries are facing delisting after the bourse operator denied their requests for extra time to exit the watch-list. Both companies are appealing.

2 About $3.9 million in net proceeds raised from Soilbuild Construction Group's preferential offering of warrants has been used to acquire plant and equipment for Myanmar construction works and for working capital.

3 Vard Holdings has secured a framework agreement to maintain five Coast Guard vessels for the Norwegian Defence Logistics Organisation. The contract value is about 48 million krone (S$8 million) over four years.

4 YuuZoo Corporation and its new franchisee in India, iComp Digital Media, have launched YuuVillage, which allows farmers in India to bypass middlemen and sell directly to end consumers.

5 Imperium Crown has taken legal action to recover irregular payments of $550,000 to a former company director, Mr David Bay Cheow Guan.

A version of this article appeared in the print edition of The Straits Times on March 07, 2017, with the headline 'Market highlights'. Print Edition | Subscribe