Singapore Stocks to Watch: Yanlord, Straits Trading, TTJ, Second Chance, IWOW

Tiger Newspress2022-06-30

THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 30):

Yanlord Land Group(Z25): Yanlord Land Group has pulled in RMB 6.1 billion (S$1.28 billion) in pre-sales from selling all units in the third batch of apartments launched for its Shanghai project, Yanlord Arcadia.

Straits Trading(S20): Straits Real Estate, a unit of mainboard-listed Straits Trading, is acquiring a portfolio of office and industrial buildings and several plots of development land in Gloucester Business Park for £130 million (S$219.5 million).

TTJ(K1Q): THC Venture, which has made a bid to privatise structural steel specialist TTJ Holdings, does not intend to raise its offer price of S$0.23 per share, it said in a Wednesday (Jun 29) bourse filing.

Second Chance(528): BETTER Chance Properties (BCP), a subsidiary of mainboard-listed Second Chance Properties, has granted a potential buyer an option to purchase its Lucky Plaza units for S$13.39 million.

The potential buyer of the units, #01-56/57/58/59, is Lew Chee Beng and/or his nominee, Second Chance disclosed in a Wednesday (Jun 29) bourse filing. The option will expire on Aug 1. An option fee of 1 per cent of the sale price has been paid to BCP.

IWOW(NXR): Tracetogether token maker iWOW Technology saw its net profit inch up 4 per cent to S$3.9 million for FY2022 ended March, on the back of growth across all its business segments.

iWOW declared a final dividend of 0.36 Singapore cent a share. Excluding one-off expenses from its initial public offering in April, its net profit grew 36 per cent to S$5 million for the year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

miker9110
2022-06-30
miker9110
n
Helloyah
2022-06-30
Helloyah
monitor
LEESIMON
2022-06-30
LEESIMON
Nice
Simonnov
2022-06-30
Simonnov
Ic
StarGate
2022-06-30
StarGate
Like
AetherC
2022-06-30
AetherC
Ok

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