THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 4):
Singtel: SINGTEL’s Australian subsidiary Optus has confirmed that the cyberattack it faced in late September resulted in a leak of the personal identification data of some 2.1 million of its 9.8 million customers.
In a statement to the media on Monday (Oct 3), Optus said about 1.2 million have had at least one number from a current and valid form of identification compromised, while the other 900,000 customers have had numbers relating to expired identification information compromised.
METRO Holdings: METRO Holdings announced on Monday (Oct 3) the acquisition of a retail property in Australia and four student accommodations in the United Kingdom to deepen its presence across its key markets.
The Australian property is a freehold neighbourhood retail centre called Shepparton Marketplace in Victoria, and it was bought by Metro Holdings with its joint venture (JV) partner, Sim Lian Group of Companies, for A$91 million (S$85.7 million).
Quantum Healthcare: MAINBOARD-LISTED New Silkroutes Group’s indirect subsidiaries have agreed to sell their stake in six dental clinics and a company to The Dental Hub, a 60 per cent-owned indirect subsidiary of the Catalist-listed Quantum Healthcare, for S$4.45 million.
In separate bourse filings, the companies disclosed that the parties have entered into an agreement to transfer ownership of the clinics – all branches already bearing the name The Dental Hub – and Dentaltrendz on Monday (Oct 3).
Dentaltrendz provides human resources and administrative services. The clinics are the ones located in Alexandra, Bedok, Boon Lay, Telok Blangah, West Coast and Yew Tee.
Shen Yao: GOLD miner and explorer Shen Yao Holdings, previously known as LionGold, has issued a clarification after an Australian newspaper claimed that gold production at its Ballarat mine – seen as controversial in the country – has ground to a halt since last week.
In a bourse filing on Monday (Oct 3), Shen Yao said several parts of the Oct 3 article by the Australian Financial Review – which was premised on tensions between the Victorian government and the company – are “misleading”.
Shen Yao said it “voluntarily suspended” some processing as the management saw it as prudent owing to the recent wet weather in and around Ballarat that caused the amount of water in the dams that hold “tailings”, or waste, to approach its storage limit.
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