Market highlights

1 SGX-listed shopper360 said its Malaysian unit and other investors will subscribe for 2.5 million new shares in Malaysian company Instanture for a total sum of RM2.5 million (S$804,000).

2 Singtel and Ericsson will set up a centre to facilitate 5G development and deployment here. It will be co-funded initially with $2 million over the next three years, The Business Times reported.

3 China Jishan is terminating a planned sale of wholly-owned unit Shao Xing Yue Sheng Real Estate Property Development Co after the buyer did not agree to raising the purchase price, The Business Times reported.

4 Midas Holdings' joint venture firm CRRC Nanjing Puzhen Rail Transport has secured three metro train car supply contracts worth 2.37 billion yuan (S$488.3 million) in China.

5 Bumitama Agri bought back 200,000 of its shares at 73 cents apiece for a total outlay of $146,297.

A version of this article appeared in the print edition of The Straits Times on October 12, 2017, with the headline 'Market highlights'. Print Edition | Subscribe