Market highlights

1 The FTSE ST China Index has had total returns of 17.9 per cent so far this year. Valuetronics Holdings , Hi-P International, Geo Energy Resources and CWT join the index on Sept 18.


2 A consortium comprising Heeton Holdings, KSH Holdings, Lian Beng Group and Ryobi Kiso Holdings have started work on a regeneration scheme at a 2.45-acre site in Leeds, Britain.


3 Mermaid Maritime units have been awarded three subsea contracts in South-east Asia and the Middle East with an estimated combined value of US$12 million (S$16 million).


4 Ipco International expects to report a net loss for the first quarter ended July 31, mainly due to foreign currency translation effects. It releases its results on or before Sept 14.


5 HPL Properties, a unit of Hotel Properties, has incorporated a unit in Palau called Leisure Development Koror to acquire land for US$8.5 million (S$11.5 million) and build a luxury hotel.

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