Market highlights

1 SGX-listed consumer electronic component manufacturer CDW Holdings bought back 38,000 of its shares at 25 cents apiece for a total sum, including stamp duty and commission, of $9,532.


2 Mainboard-listed Federal International has signed a memorandum of understanding with China Merchants Industry Holdings to cooperate exclusively on oil and gas projects in Indonesia.


3 Boustead Projects bought back 20,000 of its shares at 86 cents apiece for a total sum, including stamp duty and commission, of $17,250.


4 Sabana Shariah-compliant Industrial Reit said the committee which is exploring various options to enhance the performance of the Reit has received non-binding proposals from several parties.


5 Nera Telecommunications has secured $19.9 million worth of IP network equipment-related contracts from leading service providers in Singapore.

A version of this article appeared in the print edition of The Straits Times on April 21, 2017, with the headline 'Market highlights'. Print Edition | Subscribe