The following companies saw new developments that may affect the trading of their securities on Thursday (Apr 6) :
Singtel (Z74): The telecommunications provider halted the trading of its shares on Thursday morning, just before the market opened, pending an announcement.
Nordic Group (MR7): Several divisions of Nordic Group have clinched contracts with a total value of about S$22.6 million with both new and repeat customers.
On Wednesday (Apr 5), the systems integration solutions provider said most of these customers comprise multinational companies and companies in the marine, offshore oil and gas, petrochemical, semiconductor, infrastructure and security industries sectors.
The new contracts are not expected to have a material impact on Nordic’s consolidated net tangible assets per share and earnings per share, for its current financial year.
OCBC (O39): The metaverse community on Wednesday (Apr 5) welcomed its newest player, OCBC, with the local lender’s launch of OCBCx65Chulia on metaverse platform Decentraland.
Named after the bank’s headquarters’ address on 65 Chulia Street, the initiative aims to improve financial literacy among bank customers aged 18 to 25; it is also an alternative way for Web 3.0 enthusiasts to access OCBC’s suite of banking services.
Customers logging onto the platform will find links to services such as applying for a credit card, or opening a current or savings account. They may also customise their own avatar, or chat with other users in the virtual world – as is done in other metaverse applications.