SINGAPORE - The following companies saw new developments that may affect trading of their shares on Friday :
DBS, United Overseas Bank : Shares of the local banking trio rose on Thursday, as investors found some cheer from conservative provisions set aside by DBS and UOB and an unchanged outlook guidance in their latest quarterly results released before market open. DBS shares closed at $20.40 on Thursday, up $0.57 or 2.9 per cent, while UOB shares were up $0.34 or 1.8 per cent at $19.76.
Genting Singapore: In its worst quarterly performance since the opening of Resorts World Sentosa in 2010, Genting Singapore logged a $163.3 million net loss for Q2 FY2020 ended June, reversing a $168.4 million net profit from a year ago. Shares of Genting closed flat at $0.71 on Thursday. Wilmar International: Wilmar's Chinese unit, Yihai Kerry Arawana, has received confirmation from the listing committee of the Shenzhen Stock Exchange that it meets the listing and disclosure requirements. Shares of Wilmar last traded at $4.79, down $0.02 or 0.4 per cent before a trading halt called on Thursday. The company requested to lift this trading halt on Friday morning before the market opened.
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