Wednesday 27 December 2017

Stocks to watch: Oxley Holdings, Oceanus, SingHaiyi, Food Empire

THE accompanying organizations saw new improvements that may influence exchanging of their offers on Wednesday: 

Oxley Holdings: The property designer's backup has taken a 25.5 for every penny stake in an Australian firm that has procured a site in the focal point of Broadbeach and Mermaid Beach on Gold Coast for private advancement purposes. The mainboard-recorded gathering on Wednesday said Oxley Australia Pty Ltd subscribed for more than 4.8 million completely paid offers in Pindan Capital Mermaid Beach Pty Ltd (PC Mermaid Beach), which has an issued share capital of A$19 million (S$19.7 million). 

In a different documenting, Oxley Amethyst, an entirely possessed backup of Oxley Holdings, has practiced the alternative to buy a freehold property along Balestier Road for S$38 million from Owen Pte Ltd, in which the previous' CEO is a huge investor. 

Oceanus Group: The abalone organization has finished its obligation rebuilding exercise, putting the gathering in an obligation free and "net money positive" position before the finish of its monetary year 2017. The obligation rebuilding proposition was declared not long ago, and was endorsed by its investors a week ago. 

SingHaiyi Group: Property designer SingHaiyi Group is hoping to raise net continues of up to about S$143.16 million for property speculations through a rights issue. It had declared on Monday that it is proposing a renounceable non-guaranteed rights issue of up to around 1.44 billion new offers at S$0.10 each, to be issued based on one rights share for each two existing offers to investors. 


Sustenance Empire: Its 51 for each penny possessed auxiliary has gone into an assention that extends it the choice to recover in real money the rest of the adjust of a 11.06 billion won (S$13.8 million) credit reached out to Caffe Bene Co (Caffebene). Sustenance Empire said that the assention dated Tuesday gives its auxiliary, Hallyu Ventures Pte Ltd, to recover - in entire or to a limited extent - the adjust of the advance in real money or transformation into new normal stocks in Caffebene. The credit has been incompletely reimbursed through a change of new normal stocks in the capital of Caffebene on June 30, 2017.

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