SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their securities on Wednesday (April 15):. Read more at straitstimes.com.
SINGAPORE - The following companies saw new developments that may affect trading of their securities on Wednesday :
ST Engineering: Economic Development Board chairman Beh Swan Gin will step down as ST Engineering's independent non-executive director due to"other commitments", the company said in a bourse filing on Tuesday. He will do so at the company's upcoming annual general meeting, which has been postponed to a future date to be determined due to the Covid-19 situation. Shares of ST Engineering closed at $3.38 on Tuesday, up $0.14 or 4.32 per cent before the announcement.
Tee International: The engineering group sunk into the red with a net loss of $4.1 million for its third quarter ended Feb 29, 2020, compared with a net profit of $435,000 a year ago. Cost of sales increased by $5.1 million in the infrastructure businesses and engineering projects, resulting in an overall gross loss position, the company said in a bourse filing late Tuesday evening. Shares of Tee International closed up 0.1 cent or 4.3 per cent to 2.4 cents on Tuesday before the announcement.
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