Two firms call for trading halt on Monday morning

Chinese shipbuilder JES International Holdings and property developer Goodland Group both called for a trading halt on Monday morning.

JES International said last November that it is buying up to a 30 per cent stake in a mining exploration firm in Xinjiang, China. The move was made to diversify its earnings stream. It called for a trading halt at 10am, pending an announcement.

Separately, Goodland Group called for a trading halt earlier in the morning at 8.30am.

It sought a Catalist listing in 2009 and transferred to the SGX mainboard in June last year. Some of Goodland's recently launched local projects include The Bently Residences @ Kovan and OneRobey.

It is involved in a joint-venture project to develop a 66-unit condo in Yangon, Myanmar.

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