The following companies saw new developments that may affect the trading of their securities on Monday (Sep 19):
A subsidiary of Straits Trading, Straits Real Estate (SREPL), will spend A$63.5 million (S$60 million) to buy over a 20 percent stake in the Australia-established ILP No 1 Trust from Canoga Industrial Investment Trust, the company said in a bourse filing on Friday (Sep 16).
Metis Energy on Friday (Sep 16) announced that its wholly-owned subsidiary Athena Energy Holdings will spend A$12 million (S$11.5 million) to acquire a solar farm utility-scale project called Project Sunshine, which is in the final stages of development.
LHN Group’s co-living brand Coliwoo has agreed to buy a Pasir Panjang property for S$30 million, as the group eyes an expansion of its co-living portfolio in Singapore.
Medinex on Friday (Sep 16) corrected the record on its non-executive chairman Tan Lee Meng’s interest in an acquisition deal more than 3 years after the deal was completed.
Shanghai Turbo Enterprises stated it should be able to meet current liabilities through “careful” cash management and strengthening its cash flow position in a bid to allay concerns from the Singapore Exchange (SGX) over its liquidity.