Market highlights

1  CWG International - the former Chiwayland - has set up Shanghai Ruihan Business Management, which offers estate and business management, property rental and brokerage and car park management.

2  Mercator Lines, which is under judicial management, said an extension has been granted for a further 90 days until Aug 27 as the judicial manager evaluates all of the available options in order to preserve the value of the firm's assets.

3  Businessman Sam Goi has acquired more stock in Tung Lok Restaurants. He bought 32,900 shares at 11.7 cents per share. His total interest - direct and deemed - has risen to 18.569 per cent.

4 Figtree Holdings will own 85 per cent of new unit Figtree Projects (Chongqing) while the local partner will own 15 per cent. Its activities include building-related design and project management.

5 OCBC Bank bought back 200,000 of its shares at $10.65 apiece for a total sum of $2.1 million.

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