UPDATE: Singapore stock briefs Monday: ComfortDelGro, Nanofilm, Grand Venture Tech, Silverlake Axis, Jardine Matheson, Sasseur REIT, NutryFarm

Singapore’s Marina Bay SandsSingapore’s Marina Bay Sands

These are Singapore companies which may be in focus on Monday, 6 September 2021: ComfortDelGro, Grand Venture Technology, Silverlake Axis, Jardine Matheson, Sasseur REIT, Ntegrator International, OxPay Financial and MC Payment, NutryFarm International and Hiap Seng Engineering.

This item was originally published on Saturday, 4 September 2021 at 1:06 a.m. SGT; it has since been updated to include Keppel DC REIT and Nanofilm Technologies International. 

ComfortDelGro

Singapore land-transport player ComfortDelGro and French energy company ENGIE jointly won bids for three of five tender regions to install electric vehicle (EV) chargers across 200 carparks in the city-state.

Read more: ComfortDelGro-ENGIE partnership wins EV charger tenders from URA

Keppel DC REIT

Keppel DC REIT has acquired a Netherlands data center property for 37.2 million euros, or around S$59.9 million, from a fund affiliated with MCAP Global Finance (UK), the European subsidiary of U.S.-based Marathon Asset Management, the REIT said in a filing to SGX Monday.

Read more: Keppel DC REIT acquires Netherlands data center property for around S$60M

Nanofilm Technologies International

Wan Kum Tho, an independent non-executive member of Nanofilm Technologies International’s board, has acquired 10,000 shares in the company for S$43,600, giving him a 0.002 percent deemed stake, according to a filing to SGX late Sunday.

Wan didn’t previously hold shares in the company, according to the filing.

Grand Venture Technology

Grand Venture Technology (GVT) has proposed a placement of up to 25 million new shares at S$1.14 each to raise up to S$28.5 million, the manufacturing services provider for the semiconductor, life sciences and electronics industries said in a filing to SGX Friday.

Read more: Grand Venture Technology proposes placement to raise up to S$28.5M

Silverlake Axis

Silverlake Axis’s indirect wholly owned subsidiary Silverlake Fermion has signed a teaming agreement with Malaysian software consulting company Dynafront Holdings to explore opportunities to co-create insuretech services, the Singapore-listed company said in a filing to SGX Friday.

Currently, Silverlake Axis holds a 4.86 percent stake in DynaFront, the filing said.

Read the statement from Silverlake Axis.

Jardine Matheson

Jardine Matheson Holdings said Friday Alex Newbigging, the current chief executive of Jardine International Motors, would leave the company at year-end to relocate to the U.K. with his family and pursue other interests.

Newbigging will also step down from the board at year end, Jardine Matheson said in a filing to SGX.

Sasseur REIT

Sasseur REIT’s manager, Sasseur Asset Management, said Friday Leong Mei Kuan (Jaslyn) has tendered her resignation as the manager’s head of finance to pursue personal interests, with her last day set for 26 September.

Emily Soh, the current senior finance manager, will overseas the finance functions and team in the interim, the REIT said in a filing to SGX.

In addition, the REIT’s manager continues to seek a suitable candidate for its chief financial officer role, the filing said.

Ntegrator International

Christian Kwok-Leun Yau Heilesen, CEO of Ntegrator International, has seen his deemed interest in the company increase to 13.66 percent from 13.28 percent previously after Mission Well Ltd., which he wholly owns, acquired 4.77 million shares in the market for S$56,194, according to a filing to SGX Friday.

OxPay Financial and MC Payment

OxPay Financial, the company formerly known as MC Payment, said Friday its name change was effective on Thursday, and its trading counter name change on SGX will take effect on 7 September. The trading code of TVV will be unchanged, OxPay said in a filing to SGX.

NutryFarm International

NutryFarm International said Friday it appointed Lim Boo Hiong, age 48, as acting chief financial officer and joint company secretary, effective 1 October, taking over the functions of the outgoing CFO Andy Xu, who resigned to explore other business interests.

Lim is currently the regional finance director of Global Agricapital Holdings, a wholly owned subsidiary of NutryFarm, the health-food company said in a filing to SGX.

Hiap Seng Engineering

Hiap Seng Engineering said Friday secured creditor UOB has, with the consent of the company’s judicial managers, applied to enforce its mortgage on the property at 4 Benoi Place in Singapore and sell the property, with the net proceeds to be used to reduce the company’s liabilities to the bank.

A valuation of the property in July put the forced sale value at S$4.5 million, while as of 30 August, the amount Hiap Seng owed UOB “far exceeds” that value, the company said in a filing to SGX.

 

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