Singapore Stocks to Watch: NoonTalk Media, Halcyon Agri

Tiger Newspress2022-11-22

The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 22):

The public offer tranche of media entertainment company NoonTalk Media’s initial public offering (IPO) was around 1.2 times subscribed, the company said on Monday. It comprises 22 million shares at S$0.22 a piece and will raise total gross proceeds of S$4.8 million.

Halcyon Agri posted an operating loss of US$2.2 million for its third quarter ended Sep 30, 2022, compared to the operating profit of US$0.7 million a year earlier. Core earnings before interest, taxes, depreciation, and amortisation (Ebitda) was at US$10.2 million, up year on year from US$9.4 million in Q3 2021, but down quarter on quarter from US$16.2 million in Q2 2022.

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