Market highlights

1 Oxley has bought a site in Phnom Penh for US$6 million (S$8.2 million). The freehold plot of about 1,200 sq m will be used as a showroom and later developed into a commercial property.

2 Wilmar International is entering a joint venture with Tokyo-listed Lion Corp to make methyl ester sulfonate.
Lion makes toothpaste, soap and other pharmaceutical products.

3  Singapore Press Holdings said on May 12 that it was going to divest SPH Interactive International's stake in 701Search.
The divestment was completed yesterday.

4 YTL Starhill Global Reit has refinanced a loan with National Australia Bank due in May next year with a four-year secured term loan facility of A$145 million (S$153 million).

5 Ezion now owns 20 per cent of offshore and marine player AusGroup, following the capitalisation of a loan.

A version of this article appeared in the print edition of The Straits Times on July 01, 2017, with the headline 'Market highlights'. Print Edition | Subscribe