UPDATE: Singapore stocks Tuesday: Nanofilm, Temasek, KTL Global, Keppel DC REIT, SembMarine, Grand Banks Yachts, Ly Corp

Singapore street scene in Tanjong Pagar neighborhood, including the Carlton City and Oasis Hotel buildings; taken 31 August 2018.Singapore street scene in Tanjong Pagar neighborhood, including the Carlton City and Oasis Hotel buildings; taken 31 August 2018.

These are Singapore companies which may be in focus on Tuesday, 14 September 2021: KTL Global, Nanofilm Technologies, Temasek Holdings, Keppel DC REIT, Sembcorp Marine, Grand Banks Yachts and Ly Corp.

This item was originally published on Tuesday, 14 September 2021 at 12:07 a.m. SGT; it has since been updated to include SIIC Environment Holdings and Zhongmin Baihui Retail Group. 

KTL Global

KTL Global’s wholly owned subsidiary Tianci Agritech has tied up with a Taiwan farming co-operative and Taiwan-based logistics company Jinhao Shipping to set up a food-supply logistics network in Southeast Asia, the Singapore-listed company said in a filing to SGX Monday.

Read more: KTL Global enters food supply-chain deal with Taiwan farming co-op and logistics player

Nanofilm Technologies and Temasek Holdings

Temasek Holdings’ deemed interest in Nanofilm International has increased to 6.06 percent from 5.98 percent after indirect subsidiary Venezio Investments acquired 489,600 Nanofilm shares for S$2.03 million in a market transaction, according to a filing to SGX Monday.

Keppel DC REIT

Keppel DC REIT’s wholly owned subsidiary, Keppel DC REIT Fin Co., has obtained two loan facilities: a 39.34 million euro six-year revolving credit facility and a 364 million British pound six-year revolving credit facility, the REIT’s manager said in a filing to SGX Monday.

Sembcorp Marine

Tan Sri Mohd Hassan Marican, the former CEO of Petronas who retired from his role of non-executive and independent director of Sembcorp Marine earlier this year, has sold around 3.81 million rights over rights shares at S$0.001 each in a market transaction, according to a filing to SGX Monday.

After the transaction, Mohd Hassan holds around 3.81 million provisional allotments of rights shares, which are equivalent to around 3.81 million unissued rights shares, compared with around 7.62 million provisional allotments of rights shares before the transaction, the filing said.

In addition, Koh Chiap Khiong, head of Singapore, Southeast Asia and China at Sembcorp Industries, sold 5.66 million rights over rights shares at S$0.001 each in a market transaction, taking his provisional allotments to 2.0 million, down from 7.67 million previously, according to a filing to SGX.

Zhongmin Baihui Retail Group

Department store operator Zhongmin Baihui Retail Group reported Monday first half net loss of 8.3 million yuan, swinging from a year-ago 28.9 million yuan net profit, mainly on the absence of year-ago government support and on an impairment loss for its Lvcuo Store, which has suffered from a combination of the Covid-19-related lockdown and delays in linking the metro interchange station, completed in 2019, to the underground store.

Revenue for the six months ended 30 June increased 9 percent on-year to 557.2 million yuan, primarily on direct sales of Moutai distilled liquor through the direct sales arrangement with Kweichow Moutai Group, which began in 2020’s second half, the company said in a filing to SGX.

Read Zhongmin Baihui Retail Group’s earnings statement.

SIIC Environment Holdings

SIIC Environment Holdings said its 60 percent-owned subsidiary Ranhill Water (Wuhan) incorporated two subsidiaries for general projects in waste-water treatment and reclamation for the O&M services of Wuyang Pioneer Park Wastewater Treatment Plant Project and Xiangtang
Development Zone WWTP Project, which the company has already won bids for.

In addition, SIIC Environment’s indirect around 58 percent-owned subsidiary Shuangyashan Longjiang Environmental Protection Water has signed an eight-year O&M agreement for the Shuangyashan Town Sifangtai Distrit WWTP Project, the company said in a filing to SGX Monday.

Read SIIC Environment Holdings’ statement on the new subsidiaries and new project award.

Grand Banks Yachts

Arminella Pty. Ltd., as the trustee for SJHA Investment Trust, acquired 525,000 shares of Grand Banks Yachts for S$152,250 in a market transaction, according to a filing to SGX Monday.

The transaction increased the entity’s stake in Grand Banks Yachts to 9.26 percent from 8.98 percent previously, the filing said.

Grand Banks Yachts builds boats in a factory in Johor Bahru, Malaysia.

Ly Corp.

Ly Corp. said Monday all of its factories have now resumed full operations.

Malaysia-based Ly Corp. manufactures and exports wooden bedroom furniture.

 

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