Singapore Stocks to Watch: Yangzijiang Shipbuilding, Golden Energy, Ho Bee Land, EC World Reit
@Tiger_Newspress:
The following companies saw new developments that may affect the trading of their securities on Monday (Mar 20):Yangzijiang Shipbuilding on Sunday (Mar 19) said its subsidiary, Yangzijiang Shipping, is considering appealing against the Singapore High Court’s order last Friday for it to wind up over US$4.8 million in unpaid debt.Golden Energy and Resources (Gear) on Saturday (Mar 18) announced an increase in consideration in relation to its proposed break-up and delisting, following criticisms that the deal’s terms were unfavourable for minority investors. The exit offer price will be raised by 13 percent to S$0.181 per share, from S$0.16.HO Bee Land said late on Friday (Mar 17) that the recent sale of its industrial assets for S$115 million is not related to its debt lo