Market highlights

1 Singapore Myanmar Investco will operate up to 10 retail brands and F&B concepts in the retail and entertainment complex of Junction City in Yangon. Business operations will start this month.

2 The auditors of Huan Hsin say there are material uncertainties which could arise that could lead to the risk of the company being unable to continue as a going concern.

3 Hong Leong Asia said its unit China Yuchai controls 95 per cent of the Pakistan municipal bus engine market. The engines have been installed in 200 buses used in the Pakistani city of Lahore's bus rapid transit system.

4 OCBC Bank bought back 200,000 of its shares at $9.65 apiece for a total outlay of $1.93 million.

5 Global Palm Resources has bought back 122,500 of its shares at 35.5 cents apiece for a total sum of $43,739.

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