$SINGAPORE AIRLINES LTD(C6L.SI)$This stick is definitely a pick for long run, but I think this rally is pre-mature and will not sustain. Feels like a pump and dump to me. Exited at 4.9; all the best everyone.
$YONGNAM HOLDINGS LIMITED(AXB.SI)$Via Philips Capital:“STEEL fabricator Yongnam Holdings has proposed to place up to 104.5 million new shares at an issue price of 7.6 Singapore cents per share to raise up to S$7.9 million, it said on Tuesday in an exchange filing. The placement price represents a discount of around 9.9 per cent to the volume weighted average price for trades done on Monday - the full market day before the placement agreement was signed. The placement shares represent around a fifth of the existing issued and paid-up shares of the mainboard-listed company. If the proposed placement - which is not underwritten - is fully subscribed, the placement shares will take up around 16.7 per cent of the enlarged share capital of the company.”