Market highlights

AA Group is disposing of Toko Construction for $1 million. Toko is a building firm which also manufactures rattan and cane furniture.

2 Frasers Centrepoint plans to issue a second tranche of the sixth series of securities, comprising $30 million of 4.25 per cent fixed-rate notes due 2026.

Versalink Holdings said the acquisition of 51 per cent of Alca Vstyle for RM714,000 (S$230,410) has been completed.

The auditor of Parkson Retail Asia has raised "material uncertainty" about the store operator's ability to remain a going concern. Its parent has undertaken to provide financial support for a year.

Keppel Corp said that the units Dovesdale Development and K-Commercial Management have been placed in voluntary liquidation.

   

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