Market highlights

1 Imperium Crown is raising $37.5 million through a placement of 300 million shares at 12.5 cents apiece to two wholesale investors and two high-net-worth individuals.

2 Singapore Exchange-listed Rowsley is forming a joint venture with Vanguard Interiors to design and produce architectural products and solutions.

800 Super has increased the issued and paid-up capital of its wholly owned subsidiary, 800 Landscape, from $250,000 to $500,000. The funds are for working capital.

4 Boustead Projects bought back 50,000 of its shares at prices between 85 cents and 86 cents for a total sum of $42,894.

5 Nobel Design has sent out its circular on a general offer for its shares. The offer is unconditional and priced at 51 cents per share. The closing date is June 20.

A version of this article appeared in the print edition of The Straits Times on May 24, 2017, with the headline 'Market highlights'. Print Edition | Subscribe