Market highlights

1 Neo Group is negotiating with Asia Farm F&B investors to acquire the company and another entity. The companies make fruit cordials, syrups, fruit juices and other products under trademarks such as Asia Farm.

2 Property group Yanlord Land bought back one million of its shares at between $1.67 and $1.72 for a total sum of $1.7 million.

3 Noble Group has issued US$750 million (S$1.07 billion) worth of notes due 2022, with a coupon rate of 8.75 per cent. They will be listed from today.

4 IFast non-executive director Lim Wee Kian bought 100,000 shares for $79,000. His stake in the Internet-based investment products distribution and administration platform is now 7.6 per cent.

5 Property player Chip Eng Seng has completed its purchase of a resort in the Maldives.

A version of this article appeared in the print edition of The Straits Times on March 10, 2017, with the headline 'Market highlights'. Print Edition | Subscribe