Market highlights

1 SGX-listed Vibrant Group bought back 104,300 of its shares at 36 cents apiece for a total of $37,664.51, which includes stamp duties.

2 OCBC Bank bought back 200,000 of its shares at $9.57 apiece for a total of $1.917 million.

3 Food and restaurant player Neo Group said its 55 per cent-owned unit Thong Siek Holdings is planning to buy a stake in Park Food. Its exclusive period of negotiation with the vendors runs up until Sept 30, 2017.

4 Property player Sysma Holdings has secured a contract to erect a $4.81 million two-storey detached house in Chestnut Drive.

5 Compact Metal Industries, which is on the SGX watch list, said pending the final outcome of appeals, it does not have to take any step over suspension, an exit offer and delisting. SGX has confirmed its trading will not be suspended from April 3.

A version of this article appeared in the print edition of The Straits Times on March 28, 2017, with the headline 'Market highlights'. Print Edition | Subscribe